This summer, the UK has experienced unprecedented levels of heat, seeing the hottest ever temperature of 40.2C recorded at Heathrow. This, along with significantly reduced rainfall, has caused a draught to be declared in many areas of the country, along with crop failures, wildfires, power outages and transport issues.
Is your commercial property insured for the right amount?
Are you underinsured? Data from RebuildCostASSESSMENT.com shows that, after assessing more than 2,000 commercial properties (from shops, hotels, offices and factories) that more than 85% of commercial properties are not insured for the right amount. The estimated underinsurance total for all UK commercial properties is £340 billion.
No tills, no queues and virtual payments – the future of the high street?
Early in 2018, Amazon launched a handful of shops with the initiative ‘Amazon Go’, where customers can take their items and walk out; nothing else is required.