Darling To Meet Insurance Industry Over Tax Changes

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In an unprecedented move, the Chancellor, Alistair Darling, will make an appearance at tomorrow’s board meeting of the Association of British Insurers, where the trade body will press him on a range of issues including tax and regulation.
The ABI board, chaired by Archie Kane, who runs Scottish Widows, invited Mr Darling – the first time [...]

New funds to improve schools and skills

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The chancellor, Alistair Darling, promised extra funds to salvage struggling schools and to boost the skills of the British workforce in his budget speech today.To ram home the message of responsible investment for the future, despite economic difficulties, he said that a target to lift the results of 638 schools that have fewer than 30% [...]

Science white paper to drive innovation

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Moves to encourage innovation in the creative industries as well as science will be outlined tomorrow in a white paper, the chancellor announced.The Department for Innovation Universities and Skills’ white paper will set out its strategy for promoting innovation, and include proposals for a further education innovation fund to help colleges “support businesses to develop [...]

Mervyn King reappointed at Bank of England

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LONDON, Jan. 30 (UPI) — Mervyn King has been reappointed to a second five-year term as governor of the Bank of England, British Prime Minister Gordon Brown announced Wednesday.King had to deal with a series of crisis in 2007, including declines in [...]

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