November 24th 2016
Britain’s Insurance Premium Tax (IPT) is due to rise by 2% to a new high of 12%, Chancellor of the Exchequer Philip Hammond has announced in the Autumn Statement. Taking effect from June 2017, this will represent the third increase in IPT in less than two years. In July 2015 it increased from 6% to […]
November 23rd 2016
Imported into the UK from our American cousins, Black Friday is a bargain-filled shopping bonanza which kicks off the annual pre-Christmas retail frenzy. For retailers it can be both a blessing and a curse, offering the chance to boost profits – but at what cost? What is Black Friday? Annual retail holiday Black Friday falls […]
November 22nd 2016
The Association of British Insurers (ABI) has launched a new guide for repairing flooded and water damaged buildings, and in doing so seems to have opened the floodgates to a debate over whose responsibility it is to prevent and minimise flood damage. Written by experts on water damaged buildings, the document runs through key principles […]
November 21st 2016
From 25th May 2018, the EU General Data Protection Regulation (GDPR) takes effect, replacing the current Data Protection Act. The regulations will see increased penalties for personal data breaches, along with a few other key changes which business owners need to be aware of.
October 14th 2016
It’s another normal day in the office until the fire alarm goes off. Downstairs, waiting for the fire brigade to arrive and watching the smoke curl out from the windows, you suddenly have a terrible thought – what does this mean for your business? Although, thankfully, everyone is out of the building safely, you’re starting to […]
October 4th 2016
In Mark Weiser’s essay, ‘The Computer for the 21st Century’, he comments: “The most profound technologies are those that disappear. They weave themselves into the fabric of everyday life until they are indistinguishable from it.” This vision is becoming a reality with the emergence of a new breed of hyper tuned-in devices that respond and […]
September 29th 2016
What Is Insurance Premium Tax? Insurance Premium Tax (IPT) is a tax you pay when you take out an insurance policy, similar to the way you pay VAT on shopping. Though there are some exceptions, most people and businesses who take out an insurance policy pay IPT on their premium, even if they don’t realise […]
September 24th 2016
Most of us take our workplaces for granted. We come and go, popping out for lunch or to a meeting, expecting that everything will be the same when we return. But what if something happened to disrupt this smooth flow? As hundreds of workers found out in the City of London in July 2016, the […]
September 19th 2016
Lost luggage, ice cream van accidents and bus crashes all contributed to more than 130,000 fraudulent claims in 2015 – the equivalent of 2,500 per week. Motor claims were the most common of frauds, according to the figures released by the Association of British Insurers (ABI), totaling 70,000 instances amounting to a value of £800m. […]
September 10th 2016
Cyber security is an arms race. Just as military equipment from the 1970s would no longer cut it on the battlefield, the defences adopted by businesses as recently as a year ago no longer offer adequate protection. It’s a constant struggle to ensure that security professionals are one step ahead of the hackers. The threat […]