Direct Line business insurance Archives

Pay up! The average tradesperson is chasing £6,000 in late payments
|Date: 17 October, 2024

Pay up! The average tradesperson is chasing £6,000 in late payments
81 per cent of tradespeople are chasing late payments, with the average tradesperson chasing seven ...
81 per cent of tradespeople are chasing late payments, with the average tradesperson chasing seven outstanding invoices A fifth (22 per cent) of tradespeople say pursuing late payments is takin ...
17 October, 2024
Read more
Homeowners paying out £900 to fix botched DIY attempts
|Date: 12 September, 2024

Homeowners paying out £900 to fix botched DIY attempts
Homeowners spend an estimated £539 million a year employing tradespeople to fix DIY jobs that have gone a ...
Homeowners spend an estimated £539 million a year employing tradespeople to fix DIY jobs that have gone awry. On average, it cost homeowners £919 to get a professional tradesperson to fix or finish th ...
12 September, 2024
Read more
£98 million worth of tools stolen from tradespeople
|Date: 7 May, 2024

£98 million worth of tools stolen from tradespeople
Tools worth £98 million were stolen from tradespeople in 2023 according to new analysis by Direct Line bu ...
Tools worth £98 million were stolen from tradespeople in 2023 according to new analysis by Direct Line business insurance. 44,514 tools thefts were reported to the police in 2023 – up five per cent fr ...
7 May, 2024
Read more
The hidden cost of lending tools
|Date: 13 February, 2024

The hidden cost of lending tools
New data [1] from Direct Line Business Insurance reveals that 83 per cent of tradespeople regularly lend ...
New data [1] from Direct Line Business Insurance reveals that 83 per cent of tradespeople regularly lend their tools to workmates, family or friends. However, the data reveals that tradespeople are be ...
13 February, 2024
Read more
Tradespeople secure almost half their jobs through social media
|Date: 9 October, 2023

Tradespeople secure almost half their jobs through social media
New research from Direct Line business insurance reveals tradespeople who use social media get almost hal ...
New research from Direct Line business insurance reveals tradespeople who use social media get almost half (47 per cent) of their jobs through these channels. Tradespeople recognise the value of being ...
9 October, 2023
Read more