Cold calling is a big issue and is continuously growing in 2018. Which is why many want it to come to an end, helping those who are in a vulnerable situation. Last year, scammers and claims firms sent an average of 6 million calls and texts out per day. Which equates to an average of 4,200 calls or texts every minute of 2017.

The targeted audience which these firms and scammers go after is those who are aged over 65, states Aviva.

MPs are set to debate this topic on whether it is acceptable to cold call these vulnerable. The bill proposes the creation of a single financial guidance body that would consider the impact of cold calling on consumers.

Aviva have asked MPs to ban this cold calling on issues such as pensions, PPI and insurance claim where there was no established relationship between the insurer and the consumer. They have stated that a survey which they recently conducted shows an 85% support on the ban, proving to the MPs that this ban would be beneficial to consumers.

Last year, a bill was announced by MPs, stating that mortgage cold calling was banned. This included emails and texts. If companies contact consumers who they have had no prior connection with then they could face fines up to £500,000.

More information

For more information on this or industry news, then take a look at our news section. We have the latest and most up to date news ready for you to read.

The Financial Inclusion Commission (FIC) has highlighted huge gaps in the contents insurance across the UK. In fact, the report conducted by them, revealed that 16 million people don’t have contents insurance. And with Christmas fast approaching this is a concern, and a gap in the market for criminals.


These 16million people equates to 35% of the population in the UK without contents insurance. The people who are more likely not to have contents insurance are those with low income, the younger generation, the older generation and those in vulnerable circumstances.


With such a high number of people without this insurance, it is thought that only a few would be able to pay for the cover of the contents if an incident occurred. Many believe that it is something they would like to get, yet the price of this insurance is too expensive and have to spend their money on other aspects.


This report shows that the people who need the insurance are actually the ones who cannot afford it. Highlighting some of the key issues found within this report.


How can I bring down my contents insurance?


There are a number of ways in which to help bring down the cost of your insurance premiums. Here are a number of ways which will help.


#1 Install a burglar alarm

Insurers value burglar alarms and with a working alarm, it will cut down the costs of your premium. It is an upfront cost, yet the benefit will outweigh the initial cost spent on buying and installing it.


#2 Install a smoke alarm

Making sure you have a working smoke alarm will reduce the cost of your premium. This is showing the insurance company that you are taking steps to reduce the risk of needing the insurance cover, enabling you pay a lower cost for the premium.


#3 Pay upfront

By paying upfront rather than monthly, will decrease your insurance significantly. If you pay monthly, you will incur an interest rate to the monthly payment. Making the overall cost much more expensive.


For more information on industry and local news, keep checking our ‘latest news’ section, as it is regularly updated.

Brexit is still a big and topical debate which has many different issues surrounding it. One which is becoming a big issue which can’t seem to get resolved is the border issue between Northern Ireland and the Republic of Ireland. It has become one of the toughest and most controversial questions in the negotiation process of Brexit.


Why is it so difficult to resolve?

The Republic of Ireland will not accept an open border with Northern Ireland if that means that they will have to have a border policy between themselves and the rest of the EU.

Yet also, Northern Ireland and the UK are not accepting a border between themselves. As they are a single country, and this is not what the leaving of the EU was about.

However, it is difficult to put a ‘hard’ border in place between Northern Ireland and the Republic of Ireland. As they are committed to peace between the two countries.


The Republic of Ireland and Northern Ireland have a peaceful process in place. As 30% of Northern Ireland exports go to the Republic of Ireland, showing the peaceful process between the two countries.


Possible solutions

There are 4 possible solutions to this problem, however some will never happen, leaving not many options left. These possible solutions are;

  • The Republic of Ireland leaves the EU and re-joins the UK, yet this is not going to happen.
  • Northern Ireland leaves the UK and re-joins the Republic of Ireland. Again this will not happen.
  • A hard boarder is to be put into place between Northern Ireland and the Republic of Ireland. However, this has been rejected from both sides.

Therefore, this leaves one option;

  • Squaring the circle. Over the next coming months and years of negotiations. A compromise position including technology, special exemptions and ‘regulatory alignment’ is hammered out. Meaning this will keep the border invisible. Yet still securing the sanctity of the single market and the unity of the UK.


For more information on this or industry news, then take a look at our news section. We have the latest and most up to date news ready for you to read.

During the 2016/17 tax year, an additional £474m in corporate tax was collected from SMEs in the UK. This data was collected by an accountancy group, UHY Hacker Young. The focus on targeting SMEs has meant that the HMRC have increased the amount of cash they received by 5% comparing to the previous tax year of 2015/16.

However, as there has been more targeting on SMEs, many believe this is an unfair targeting on self-employed and the HMRC should be focusing on the larger firms. A spokesperson for the UHY has said that small businesses have been put under the spotlight due to them being an easy target compared to many of the larger firms.

This singling out of the SMEs may be due to the fact that they are not bringing in enough tax, and therefore are going after easy companies to try and close the ‘tax-gap’.

Therefore, this being said, SMEs are being warned to make sure their accounts are up to date, and taking important steps to improve record keeping and research into new laws and regulations.


What is an SME?

SME stands for ‘small and medium sized enterprise’. In order to declare yourself as an SME to the government, you will have to ensure you fit in the guidelines. Below is the official benchmark set out by the EU.


Size                         Employee number 

Micro business             less than 10

Small business              Between 11 and 50

Medium business         Between 51 and 250

Large business              Between 251 and 1000

Enterprise                      More than 1000


Size                         Turnover in one year

Micro business              less than £1,400,000

Small business              Between £1,400,000 and £7,000,000

Medium business         Between £7,000,000 and £36,000,000

Large business              More than £36,000,000


As long as your business fits in these criteria’s, you will be able to declare yourself as an SME.

For more information, don’t hesitate to contact us.

More cars have been found to be part of the VW emissions scandal the BBC are reporting.

its reported that the US Environmental Protection Agency (EPA) have identified these diesel models as containing software aimed at cheating tests:

  • 2014 VW Touareg
  • 2015 Porsche Cayenne
  • 2016 Audi A6 Quattro; A7 Quattro, A8, A8L and Q5

VW are are denying that these vehicles have software designed to cheat the tests and Porsche are surprised with the findings.


For the full article and to get the back story to this news article, please click here.

Warner Bros. are offering a full refund due to bugs in its ‘unfixable’ Batman game.

To view our public & products liability cover overview please click here.

For the full article please click here 

The BBC are reporting another cyber attack on another one of the largest communications providers, Vodafone (click here for full article) where 1827 records have been accessed.

The topic of cyber security and cyber liability insurance is becoming more and more pertinent and we would urge all of our existing customers and new customers to contact us to ensure that they have got the correct cover incase of a cyber attack on their systems. If you would like to know more about what personal data is classed as please click here to be directed to the ICO’s website, we think you will be shocked at what little details are now classed as personal data.

Another cyber-attack has targeted over 4 million UK Talk-Talk customers. Credit cards, emails, numbers and addresses are said to have been targeted. If you would like to discuss your cyber liability risks please contact us today 0191 482 0050 or view our documents on Cyber Liability.

Click here for the full article.

As the UK is hit by yet another malware Cyber attack targeting UK bank accounts, it may be time to consider your Cyber liability Insurance. If you would like to discuss your cyber liability risks please contact us today 0191 482 0050 or view our documents on Cyber Liability.

Click here for the full article.

Todd & Cue are delighted to announce we have launched out new Resource Portfolio. Each week we will be adding new documents within each of the different sectors. If you have a requested then please email us and let us know and we will find the right document for you. Click Here For More.