Money
Car insurers to pay 270,000 drivers share of £200m compensation | Insurance
An estimated 270,000 drivers are receiving a total of £200m compensation from car insurers after the regulator found they were short-changed when their vehicle was stolen or written off. The money is being paid out after a review by the Financial Conduct Authority (FCA) which found insurers had undervalued vehicles when paying out on claims. […]
UK households put a record £103bn into Isas amid ‘dash for cash’ | Isas
British households stuffed a record £103bn into tax-efficient individual savings accounts, according to annual figures that underline the strong appetite for the certainty of cash over stock market investments. Savers opened 15m Isas in the 2023-24 tax year, up from 12.4m the year before and the highest level for 13 years. The spree was driven […]