Posts Tagged ‘Economic Secretary’

Government welcomes measures to tackle insurance fraud

Comments Off | 01-21-2016

Economic Secretary to the Treasury Harriett Baldwin and Minster of State for Justice Lord Faulks today welcomed a series of recommendations that will tackle insurance fraud, reducing costs and protecting the interests of honest consumers.
The final recommendations of the IFT will tackle fraudulent activity ranging from organised or premeditated crime to opportunistic

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Millions given freedom over their pension as government outlines new secondary annuity market

Comments Off | 12-15-2015

Economic Secretary to the Treasury Harriett Baldwin, today (15 December) announced that more than five million people will be able to sell their annuity from 6 April 2017, as the government outlined plans to extend its landmark pension freedoms and create a new secondary annuity market.
In the government’s response to the recent consultation into the introduction

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Government modernises 100 year-old insurance rules

Comments Off | 02-13-2015

The government’s Insurance Bill, which modernises 100 year-old rules governing insurance contracts between businesses and insurers, received Royal Assent today (12 February 2015).
The bill will benefit both insurers and their business customers by increasing transparency and certainty over the rules that govern how they do business with each other, reducing the number of legal disputes

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Government gets further £1.36 billion of taxpayers’ money back from Icesave collapse

Comments Off | 12-20-2014

The Economic Secretary to the Treasury, Andrea Leadsom, has today confirmed that the government has recovered a further £1.36 billion from the Landsbanki estate in Iceland, which operated as Icesave in the UK, following its collapse at the height of the financial crisis. The government has now recovered 85% of its total claim from the

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Economic Secretary on foreign direct investment

Comments Off | 09-23-2014

Thank you for asking me here to speak on such a valuable topic for the UK.
FDi is one of one of the UK’s big success stories. The current stock of foreign direct investments in the UK is over £1 trillion, creating over 100,000 jobs and generating the economic growth this country badly needs.
As you may

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