Last week the High Court handed down its decision on the FCA's business interruption test case. In this article, I summarise the judgment and share my views on the impact that this might have on the property industry.
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A glimmer of hope for some business interruption policyholders
For now, the High Court decision is good news for many non-damage BI policyholders and is helpful in establishing some broad principles, but the key message remains that the specific wording of any policy will be critical.
As Rachel Reeves delivers her long-awaited Budget, the first by a Labour government for almost 15 years, we summarise the headline items...