A teacher has been awarded £230,000 after he slipped on a sachet of tomato ketchup in a school corridor. He suffered severe injuries in the fall as he was walking out of the staff room at a secondary school in Essex. The personal injury claim was settled outside court by council chiefs who believed they [...]
Currently, only 23% of new vehicles available in the U.K. have AEB fitted as standard or as an option, notes an ABI statement issued last week. This is despite research from The Motor Insurance Repair and Research Centre (Thatcham) demonstrating that AEB could lead to an 18% reduction in personal injury claims following road traffic [...]
Personal injury litigation is always deeply interconnected with what is happening in society. Torts that could not have been conceived of just a couple generations ago, such as “wrongful birth” (for mistakes in prenatal testing) or “bullying” (based on new anti-bullying laws) are now very much a part of the legal landscape. So it is [...]
Loans to households and business continued to decline last month, according to new statistics from the Central Bank. Household loan repayments exceeded drawdowns by €856 million in January, as loans for house purchases continued its decline, falling by €416 million. This followed on from a net monthly decrease of €143 million in household loans in [...]
LIMERICK recorded the highest number of personal injuries claim per head of population in 2013, the Injuries Board has revealed. Limerick accounted for 788 of the 10,000 personal injury awards made in Ireland last year when the total payout amounted to more than €240 million. This represented a 12 per cent increase from the previous [...]
Slow broadband speeds can wipe as much as 20 per cent off the value of properties and lack of superfast connectivity in an area can be a dealbreaker in house sales, property experts have said. With growing numbers of people going online to perform tasks ranging from working to grocery shopping and streaming entertainment, good [...]
Fewer home insurance claims despite the dismal weather this winter helped Direct Line Insurance Group notch up a sharp rise in profits last year. The insurer, whose brands include Churchill, Privilege and the Green Flag roadside recovery service, said it would pay a final dividend of 8.4 pence per share, 5 per cent higher than [...]
Sales of new homes in January reached their fastest pace since July 2008, reviving hopes of a sturdy recovery in the housing market after growth slowed at the end of last year. New home sales increased 9.6 percent in January to a seasonally-adjusted annual rate of 468,000, the Commerce Department reported Wednesday, easing concerns that [...]
Mortgage approvals for new house purchases climbed to their highest level since September 2007 in January, but lending to companies fell again, industry figures on Tuesday showed. Government incentive schemes such as Help to Buy, which allows buyers to get 95% mortgages, helped drive up gross mortgage borrowing by 38% to £10.8bn during the month [...]
The UK's property market is likely to keep on growing strongly, mortgage lending figures suggest. The British Bankers' Association (BBA) said total mortgage lending by its members was 38% higher in January than a year ago. The number of mortgages for home buyers which were approved, but not yet lent, was up 57% on a [...]