pounds 20m NI `profit'

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The Independent Online
pounds 20m NI `profit'

THE GOVERNMENT had taken pounds 20m from pension savers to profit from its incompetence over the National Insurance computer fiasco, shadow social security secretary Iain Duncan Smith said. While delays in NI rebate payments had netted the Treasury pounds 58m profit, the compensation it had agreed to pay was pounds 38m, he said.

Rural policies

FRANCIS MAUDE, the shadow chancellor, likened the opponents of the single currency to the gathering of interests which came together in the Countryside Alliance to fight the Government's rural policies, only on an even greater scale.