The weather has rarely been out of the news over the past few months following devastating flooding across the country. Today there’s a glimmer of hope for homeowners as Flood Re gets underway.
Under the terms of this new government-backed scheme, people who live in areas susceptible to flooding should be able to access cheaper home insurance. The scheme is partly funded by a charge to insurers for each policy passed to the scheme and a levy on all UK home insurers. But research by home insurer Admiral suggests more needs to be done to educate those affected as only one in seven of us have heard of the scheme.
Dominating the headlines on Sunday afternoon was a huge leak of confidential documents which revealed how the rich and powerful use tax havens to hide their wealth. Eleven million documents were leaked from one of the world’s most secretive companies, Panamanian law firm Mossack Fonseca. They
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