Building costs are rising due to raw materials inflation but many homeowners seem unaware that this could have a knock-on effect on home insurance.
In a passable impersonation of The Grinch, central bankers put a dampener on the festive celebrations last week. When questioned about the Yuletide rate hikes, the central bankers pointed to the recent very high inflation – eurozone inflation hit 10.6pc in October – and lectured us on the evils of rapidly rising prices.
A proposed delay to the implementation of EU medical device rules is expected to give the industry and regulatory bodies more time to prepare for the new system.
