Broking Break: Your top five of the week
A new Justice Secretary, advice on ruthlessness, the Ogden impact, an acquisition and a restructure top this week’s charts.
5) Industry welcomes new Justice Secretary
The insurance sector has welcomed the news that Liz Truss has been replaced as Justice Secretary by David Lidington.
The move was part of a cabinet reshuffle following the general election which took place last week (8 June).
Truss was behind the change in the discount rate, or Ogden rate, earlier this year and the industry has met her replacement with positivity.
4) Be
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