Law firms have been hit with huge increases in the cost of professional indemnity insurance as the economic downturn fuels fears of a spike in claims. Most firms were forced to accept increases of 20-30pc last week as the October renewal date for their professional cover passed, insurance brokers said. […]
increases
Coronavirus in Djibouti increases risk of China debt trap
DJIBOUTI — Infrastructure projects financed by Chinese capital are gathering steam in Djibouti, causing concern in Washington that the tiny East African nation is falling into a debt trap that will allow Beijing to reinforce its influence on the continent. With the coronavirus spreading in the Horn of Africa, its […]
Tenants call for ban on rent increases as financial pressure mounts
Tenants have called on the Government to give them greater protections after a report warned about the dire financial outlook for those living in rented accommodation. Analysis published by the Resolution Foundation, a think tank, found that renters were much more likely to be financially harmed by the coronavirus outbreak. This is […]