Economy

More than £1.4bn was collected in Insurance Premium Tax (IPT) in May as receipts continued their long-term rise.   A total of £1.431bn was collected in IPT last month compared to £615m...

The cost of living is proving a greater concern for young people than older adults, according to official data. The Office for National Statistics (ONS) data from a survey of 5,009 households...

Reports on UK resilience have offered a starkly sobering reminder of the scale of the challenge ahead for the protection market, the cost of failure, and the urgent need for the industry...

Health and wellbeing benefits are a key factor in keeping employees happy and on board, according to research from Health Shield Friendly Society.  The research showed that against the backdrop of the...

LV= reported a slight increase in protection sales in 2023 with regular new business premiums up 2% to £43m, from £42m the previous year. It said these sales generated £14m of trading...

Government's failure to cut insurance premium tax (IPT) on private medical insurance (PMI) was a missed opportunity as HM Revenue & Customs tax receipts data indicate IPT collected reached a total of...

Chancellor Jeremy Hunt has pledged an extra £2.5bn to help cut NHS waiting lists in today's Budget. The increase means a total budget for the NHS in England of £164.9bn for 2024-25....

The majority of UK workers are still struggling with the ongoing effects of the cost-of-living crisis, and their numbers are increasing, according to research from Health Shield Friendly Society. The Health Shield...

National concern over the state of the NHS has increased to make it the joint most reported issue, along with the cost of living, according to data from the Office of National...

Funding alone will not be enough to significantly decrease the NHS waiting lists, according to the Institute for Fiscal Studies (IFS).  In its pre-election briefing, titled The past and future of NHS...