Motor rates accelerate as government's IPT hike is rolled out
The government’s introduction of higher insurance premium tax last month has served to accelerate average annual best buy motor policy deals by 10.9% to £696, according to market research conducted by Consumer Intelligence.
The IPT rise, which has seen the tax increased from 6% to 9.5% as of the start of last month, is igniting premium rises across all age groups, according to Consumer Intelligence figures produced for
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