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McCartney becomes Labour chairman

Pensions minister Ian McCartney has been appointed chairman of the Labour Party as part of last week&#39s mini Cabinet reshuffle. He replaces Dr John Reid, who was named Leader of the House. Reid takes over from Robin Cook, who resigned in protest over the war in Iraq three weeks ago. A new pensions minister is not expected to be named until after the conflict ends.


The earnings cap

A number of directors will have a keen interest in reducing both corporation tax (and also employer&#39s National Insurance) and personal levels of income tax. In particular, a number may enjoy a high level of earnings in excess of the earnings cap which has been increased to £99,000 for tax year 2003/2004. Where such directors […]

Treasury pledges an open market for CTFs

After two years and three rounds of consultation, the Treasury has finally announced the launch of its Child Trust Fund savings initiative, although final details will not be published until the summer. The scheme, which is expected to be available from 2005, will see initial cash endowments of £250 for every child born since September […]


“He has always been portrayed as whiter than white but, if you look at the Pru&#39s track record, he may not be as white as we are led to believe. Sir Peter Davis heading the Government&#39s employer pension taskforce could be like the poacher becoming the gamekeeper.” Christopher Hind, Crossley MacKenzie “Yes. It is just […]

ZAN picks sub-prime lender

Zurich Advice Network is entering the sub-prime market by appointing Enterprise Homeloans to its mortgage lending panel.Enterprise Homeloans, a trading arm of Enterprise Broker Services will be ZAN&#39s exclusive packager of sub-prime mortgages. Enterprise will place and package schemes for ZAN using its own specialists lender panel consisting of GMAC Residential Funding, Kensington, igroup, Platform, […]

Can you put a hat on?

By Sarah Scott, marketing consultant You might think the question in the title is a strange one. Perhaps even more so when you learn that it’s one of several asked as part of an assessment for Employment Support Allowance eligibility in the opening scenes of the 2016 film, ‘I, Daniel Blake’. Daniel is a carpenter […]


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