Labour: Dysfunctional car insurance market is pricing people off the roads & must be investigated - Maria Eagle | PoliticsHome | Press Release

Conservative Home | Lord Ashcroft: Enough! Time to behave like the governing Party we all want to be
- 06:55
- ConservativeHome Platfo...
I am not at all surprised by the letter by leading business people underlining t...
- 23:03
- Chuka Umunna
Govt scaremongering against equal civil partnerships with £4bn fag packet estima...
- 22:43
- Tim Loughton
Hope for Onshore Wind Sanity.
- 22:34
- Glyn Davies
Quite! @nicholaswatt on @BBCWestminHour with @carolynquinncq - says @nick_clegg ...
- 22:28
- Olly Grender
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours

Labour: Dysfunctional car insurance market is pricing people off the roads & must be investigated - Maria Eagle

Labour press release

Maria Eagle MP, Labour’s Shadow Transport Secretary, responding to the Office of Fair Trading’s provisional decision to refer the private motor insurance market to the Competition Commission, said:

"Motorists will welcome the prospect of an investigation into the car insurance market after years of spiralling premiums.

"The Office of Fair Trading has found worrying evidence that drivers are being taken advantage of by parts of the insurance industry, who are exploiting the lack of control on costs in the market. As a result hard pressed families, who are already facing a cost of living crisis and the effects of a recession made in Downing Street, are seeing insurance premiums being pushed up by £225 million a year.

"Young people are being particularly badly hit by eye watering insurance costs, with average premiums for some 17 to 24 year olds now in excess of £2,400. Pricing young people off the road simply limits their ability to access education, training and employment opportunities.

"Ministers must also play their part in cutting the cost of driving by introducing a temporary emergency cut in VAT which would cut the cost of fuel."

Phi Wire Hand Picked Politics - Live

PoliticsHome. All Todays Politics In One Place

Press Release

Press Releases