Business groups in the UK have welcomed the launch today of flexible season tickets, hailing the new approach a win for hybrid workers as well as for the climate. Welcoming the announcement, the CMI said the move was precisely what the changing workforce needed at this time. Other groups have expressed their disappointment with the scheme, which, for many commuters, appears to offer no saving at all.

Businesses confidence has returned to the UK, with the economy set for a breakthrough year - despite this week’s delay on the lifting of the last lockdown restrictions. The easing of most pandemic-related restrictions in line with the government’s roadmap, rapid vaccines roll-outs and the unleashing of pent-up consumer demand are behind the numbers.

Lloyd’s has secured £650m in cover to protect its Central Fund against severe tail end events and adverse solvency developments. The new multi-layered cover will reimburse aggregate payments from the Central Fund in excess of £600m up to £1.25bn.

A useful reference tool for anyone with international insurance operations.

Aon’s proposed $35bn purchase of Willis Towers Watson is being challenged by US antitrust regulators, who say the proposed merger would eliminate competition and lead to higher prices and reduced innovation for customers in the US.

The Health and Safety Executive continues to carry out spot checks in businesses throughout the UK to ensure workplaces are COVID-secure. Employers found to fall short of the expected level of risk management may face action and even prosecution.