Covid: Legal ruling saviour for Wales food, drink and leisure firms
By Brian MeechanBBC Wales business correspondent
Last updated on
Firms thought they had paid for insurance cover when lockdowns first hit last year
A legal ruling on business insurance could be the saviour of Wales food, drink and leisure industries, according to lawyers.
Thousands of small firms had been told interruption of trade from Covid was not covered by policies.
But Supreme Court judges ruled that most policyholders hit during the first coronavirus lockdown did have cover.
Insurance firms have been urged to act quickly, with the sector expected to pay out close to £2bn.
Pension Schemes Bill passes in Lords
By Katey Pigden 20
th January 2021 8:36 am
The Pension Schemes Bill will be heading to the Queen for signed royal assent to become law after it was passed in the House of Lords yesterday.
Pensions minister Guy Opperman says the move will deliver pensions that are “safer, better and greener”.
The bill entered its final ‘ping-pong’ phase through parliament as the House of Commons and the House of Lords have been trying to resolve disagreements about the final text.
The Department for Work and Pensions parliamentary under-secretary of state baroness Deborah Stedman-Scott reminded Lords what the bill does “as a lot has happened” since it was last there.
Mounting concerns about slowdown in vaccine rollout after three consecutive days saw falling numbers
Boris Johnson said on track to hit mid-February target despite 37% dip on Monday compared to Friday
The PM admitted that constraints in supply from Pfizer and AstraZeneca were making the situation harder
With possible exception of schools, unlikely to be any relaxation at first formal review point in mid-February
Reports yesterday claimed that Boris Johnson was targeting Good Friday on April 2 as the earliest date
But several sources told the Mail that even this date could look optimistic, warning of restrictions into June
Britain recorded most deaths since the pandemic started yesterday, 30 per cent rise on same day last week
British Care Homes Under Fire as Virus Deaths Hit 1,260 in Two Weeks albawaba.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albawaba.com Daily Mail and Mail on Sunday newspapers.
Insurers Ratings Safe After COVID-19 Court Ruling, Fitch Says By Law360 is providing free access to its coronavirus coverage to make sure all members of the legal community have accurate information in this time of uncertainty and change. Use the form below to sign up for any of our weekly newsletters. Signing up for any of our section newsletters will opt you in to the weekly Coronavirus briefing.
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