Rising cost of insuring against climate crisis will have wider knock-on effects for UK economy
As extreme weather events become more common, economists say government will need to take more active role to protect consumers Anyone attempting to notch up a productive day’s work in the searing heat of southern England this last week was left in little doubt about the impact of extreme weather . But the economic effects of the climate crisis for the UK are not confined to the many hours lost to quietly perspiring – or fetching kids dismissed early from scorching classrooms. Continue reading..
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Because of important role of insurance in oiling wheels of investment, TheCityUK says the difficulties of pricing climate risk will have knock-on effects across the financial system. Photograph: Tolga Akmen/EPAView image in fullscreenBecause of important role of insurance in oiling wheels of investment, TheCityUK says the difficulties of pricing climate risk will have knock-on effects across the financial system. Photograph: Tolga Akmen/EPAEconomics viewpointEconomic policyRising cost of insuring against climate crisis will have wider knock-on effects for UK economyHeather StewartAs extreme weather events become more common, economists say government will need to take more active role to protect consumersSun 28 Jun 2026 05.34 EDTLast modified on Sun 28 Jun 2026 05.50 EDTShareAnyone…
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