Flood Re to Cut Insurance Payouts to Richest UK Households July 2, 2026 By Olivia Rudgard The UK’s flood insurer of last resort is unfairly favoring wealthier households and will be reformed to reduce the burden...
BlueCrest Slams UK as Bad for Business After Top Court Tax Case Loss July 2, 2026 By Lucca de Paoli and Nishant Kumar Michael Platt’s BlueCrest Capital Management said the UK is “no longer a serious contender” as a place to do business...
London Faces Huge Financial Cost Because of Extreme Heat June 25, 2026 By Olivia Rudgard and Alastair Marsh London’s efforts to deal with rising temperatures come at a considerable financial cost that will require the city to turn...
Britain’s Garden Habits Are Making Their Homes Harder to Insure June 10, 2026 By Olivia Rudgard As the UK moves from a record-hot May into an unseasonably wet June, the risk of flooding is being exacerbated...
Banks Face Extra £6B Cost if Motor Finance Compensation Plan Is Thrown Out: UK’s FCA June 9, 2026 By William Shaw Lenders that mis-sold car finance would risk spending £6 billion ($8 billion) more if they reject the official compensation program...
UK Warned of Housing Market Risks as Flood Re’s Future Unclear May 20, 2026 By Olivia Rudgard The UK government must provide clarity on the future of Flood Re or risk seeing its failure to do so...
England Has 1.2 Million Buildings at Risk of Flooding With No Defenses April 15, 2026 By Olivia Rudgard A new study has found that 1.2 million buildings at risk of flooding in England currently aren’t included in any...
UK Motor Finance Scandal to Cost Lenders $12 Billion April 2, 2026 By Kirstin Ridley and Phoebe Seers The motor finance industry must pay around 9.1 billion pounds ($12 billion) to compensate UK motorists for unfair vehicle loans...
Rich Britons Reap Biggest Benefits From UK State Flood Program March 26, 2026 By Olivia Rudgard, Alastair Marsh and Gautam Naik It’s not how the program was supposed to work. But thanks to a legal anachronism, Britain’s state-backed plan intended to...
UK Banks Slammed by Flood Re’s CEO for ‘Ignoring’ Mortgage Risks March 9, 2026 By Alastair Marsh and Olivia Rudgard The UK’s flood insurer of last resort says the country’s mortgage banks aren’t doing enough to prepare for the risks...