Aviva boss Amanda Blanc said England was "for sure" building homes that might be uninsurable at some point in the future.

The threatened proposal aims to protect US consumers from rising costs, but it could trigger major economic waves if it were to happen.

Aldi is the only major supermarket chain that doesn't operate a loyalty scheme, which are hugely popular and used by millions of shoppers.

Chancellor John Healey will set out his plans for UK taxes in October.