Compensation culture is 'impossible burden'

The Confederation of British Industry (CBI) has called for a majorrethink in the way business insurance is structured, as it sayscompensation culture is becoming an almost impossible burden.

Commercial insurance rose by 50% on average in the past year, the CBIsaid. The equity-market crash, the increase in industrial diseases and inthe cost of damages are leaving most businesses reeling.

The CBI wants to see Chancellor Gordon Brown plough back some of the #300machieved from the increase in insu

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: