More than eight out of 10 (84%) of the UK’s smallest businesses now use their home as a place of work, according to new research from Lloyds Bank Insurance.
The latest Big Issues for Small Businesses report from the insurer found that 53% of all microbusinesses were started from home and half of the top 10 working locations identified are within the home – including the living room, dining room and kitchen. Continue reading →
As the Met Office issues a severe weather warning for strong winds, freezing temperatures and snow across many parts of the UK this week, Halifax Home Insurance offers some timely advice to help homeowners avoid the misery of burst pipes and windstorm damage.
Last year, Halifax Home Insurance handled 26,874 windstorm damage claims, which cost more than £15.5 million in total to put right. The insurer also registered 21,739 claims for burst and frozen pipes, costing an average of £1,779 per incident to fix. Continue reading →
One year on from some of the worst flooding in 2012, latest research by the Environment Agency reveals that last year’s record-breaking wet year in England could have cost the UK economy close to £600million.
The overall financial cost to businesses of the extreme weather was up to £200million as total commercial property and contents damage totalled up to £84million, and further indirect impacts – such as staff working days lost – hit companies and local economies for up to £33million. Continue reading →
More than half of UK homebuyers (58%) did not change the locks when they purchased their property – meaning that they could not say for certain who has access to their home, according to research from Ocean Finance.
Ocean Finance’s research reveals that just one in three (30%) of us changed the locks on all exterior doors when we bought our property. A further 12% changed the locks on some of the exterior doors. Continue reading →
With the nation gripped by Murray mania and the Ashes fast approaching, insurer Aviva is warning homeowners to watch out for their windows, TVs and ornaments as data shows that accidents around the home soar during the historic test series.
Ten years’ worth of data from Aviva shows that, generally, accidents in and around the home begin to rise during the summer months until their peak during the August bank holiday when they are just under 10% higher than normal – but bring on the Ashes and claims soar. Continue reading →