The Office of Fair Trading (OFT) has begun an investigation into Britain’s car insurance industry after prices soared by twenty five percent in the last two years. The regulatory body believe that a restriction has been placed on the market by a lack of competition between insurance providers. In addition, the OFT suggest that the increasing popularity of comparison sites has led to an increase in referral fees, which insurance companies passed on to drivers. Further research into the issue is being carried out and is predicted to be completed in the spring of next year.