Posts Tagged ‘Treasury’

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 response to report into closure of City Link

Comments Off | 09-23-2015

City Link went into administration on 24 December 2014 affecting around 2,700 employees, self employed drivers and firms providing services to the company on a sub-contractor basis.
The impact of the closure on employment was looked at in a joint Business, Innovation and Skills and Scottish Affairs Committee report published in March 2015. This report made

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Economic Secretary to the Treasury announces next steps for Pension Wise

Comments Off | 09-23-2015

Following the successful launch of the government’s Pension Wise guidance service in April this year the Economic Secretary to the Treasury, Harriett Baldwin, today (16 Sept 2015) announced at an evidence session for the Work and Pensions Select Committee that responsibility for delivery of the service will move from the Treasury to the Department for

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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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Scottish people will be £1,400 better off as part of the UK analysis shows

Comments Off | 06-2-2014

Analysis published by Chief Secretary to the Treasury Danny Alexander today (Wednesday 28 May) shows every Scottish man, woman and child benefits from a £1,400 UK Dividend as part of the UK.
This is because an independent Scotland would have lower tax revenues and higher spending driven by:

the gap in its public finances on day one

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