Keep up with what’s been happening this week in our actuarial news round-up…

 

UK economy facing ‘heightened risk of recession’

The UK’s economy may have tipped into recession following a downturn in the dominant service sector, according to closely-watched figures.

Worst September in eight years for high street sales

Last month was the worst September on the high street in eight years as sales in bricks and mortar stores plummeted, according to the data published today by BDO.

Six million insurance customers are being hit by ‘loyalty penalty’

Six million home and motor insurance policy holders are overpaying a combined £1.2bn in annual premiums because insurance firms are not giving good deals to loyal customers.

Defeat for women in state pension age challenge

Campaigners have lost a significant legal battle against the government’s handling of the rise in women’s state pension age.

Economic concerns dominate top business risks

Three out of the top five global risks facing businesses over the next decade are economic threats, an annual survey by the World Economic Forum (WEF) has uncovered.

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