DANGEROUS boy racers are to see their car insurance premiums cut by nearly £200 a year under a potty EU ruling — while young women will have to pay up to £400 MORE.
Barmy lawmakers in Brussels have banned insurance companies from using a driver's gender to calculate rates — claiming it is sexist and breaches legislation on equality.It means women's charges will soar, while they will fall for men, with under-25s most affected.
Treasury estimates released yesterday show Brits will have to pay a total of around £300million more in motor insurance.
The premium changes must be brought in by December next year.
Treasury financial secretary Mark Hoban said: "While nobody should be treated unfairly because of their gender, financial services providers should be allowed to make sensible decisions based on analysis of risk. Read More
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