- By Chris Newlands
- Business reporter
Image source, Getty Images
Car insurer Admiral has lost thousands of customers on the back of steep price rises which mean motorists are paying more than ever for insurance.
The British insurer said profits had risen 4% to almost £234m despite losing 380,000 customers over the last year.
Its boss Milena Mondini de Focatiis said: “We recognise that these are challenging times for many people.”
Admiral hiked prices by 20% during the first…
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