UK Car Insurance Premium Falls Stall at £560 Average: ABI Q1 2026 Shows Repair Costs and Fuel Pressure Returning
The average UK comprehensive motor insurance premium was £560 in Q1 2026, just £1 above Q4 2025 but £30 below a year earlier, ABI data shows. Insurers paid £2.9 billion in claims, with repairs alone reaching £1.9 billion.
UK Private Rents Hit £1,381 Average as Renters' Rights Act Takes Effect: What Changed on 1 May 2026
UK private rents rose 3.5 percent in the year to April 2026 to a £1,381 monthly average, ONS data shows. The Renters' Rights Act came into force in England on 1 May, abolishing Section 21 no-fault evictions and requiring Section 13 notice for rent rises.
UK Travellers Prioritise Travel Insurance Cover Quality Over Price for Summer 2026: AllClear Research Finds 68 Percent Shift
68 percent of UK adults booking summer 2026 holidays now prioritise cover quality over price, AllClear research finds. ABI data shows insurers paid £472 million across 500,000 travel claims in 2024, with average emergency medical claims at £1,528.
UK House Prices Fell 0.6 Percent in May 2026: Nationwide Reports First Monthly Drop of the Year
UK house prices fell 0.6 percent in May 2026, the first monthly decline of the year and three times the expected fall, Nationwide data shows. The average price slipped to £278,024 with annual growth slowing to 1.7 percent.
Cash ISA Allowance Cut to £12,000 From April 2027: How Under-65s, Over-65s and Stocks and Shares Savers Are Affected
From 6 April 2027 the Cash ISA allowance for under-65s falls to £12,000. Over-65s keep £20,000. The remaining £8,000 must go into investment-type ISAs. A 1 penny rule may let savers avoid a 22 percent charge on cash held in stocks and shares ISAs.
HMRC Raises Advisory Fuel Rates From 1 June 2026: New Petrol, Diesel and LPG Mileage Rates for Company Cars
HMRC raised quarterly Advisory Fuel Rates from 1 June 2026. Petrol rose 2p to 4p per mile, diesel 3p to 5p, LPG 1p to 2p. Electric vehicle rates unchanged at 7p home and 15p public. Employers can use the March rates until 30 June. Full HMRC inputs and 8-quarter history.
