Which? names Britain's worst insurers charging 'eye-watering' fees
UK car insurers including Kwik Fit Insurance, Axa Direct, Esure and Swiftcover have been named Britain’s worst car insurers by consumer group Which? because of the "eye-watering" fees they charge on top of premiums.
Which?’s report ranked the UK’s top 10 best providers and bottom 10 worst providers, with Age UK ranked the best and IG04 the worst. It found that two insurers – Hastings Direct and 1st Central – even charged a fee to renew a policy, a highly unusual add-on.
Meanwhile, IG04 charged £75 for cancelling a policy and £35 for adjustment fees for a consumer changing their address, name or job, Which? said.
Axa Direct and Swiftcover both charge £39 to provide duplicate documents, a service other insurers provided for free.
Which? examined the fees being charged by 44 UK car insurers, has published a table of its findings on its website.
Carphone Warehouse founder Dunstone among investors in Duchess of Cambridge fashion label
ME+EM, the fashion brand behind the Duchess of Cambridge’s post-pregnancy wardrobe, has received a round of investment from a group of businesses, including Carphone Warehouse and Talk Talk founder Sir Charles Dunstone.
Dunstone and two investment funds, Pembroke Venture Capital Trust and Venrex Fund, have agreed to invest an undisclosed sum into the fashion retailer.
The money will be used to finance ME+EM’s expansion plans and tap into the demand fuelled by the public’s Kate Middleton fever.
Source: The Telegraph
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