ºâ̳¾Ê »Ï¤á¤ë¡¤·è¤á¤ë for mis-selling windfall
?
²ñ¼Ò¡¿·ø¤¤s that mis-sold »äŪ¤Ê ǯ¶âs could see their Êä½þ¡Ê¶â¡Ë »Ùʧ¤¤¡Ê³Û¡Ës to the À¯ÉÜ ¥³¡¼¥¹¤òÊѤ¨¤ëd into building schools and hospitals, ÀìÌç²Ès have ͽÊ󤹤ëd.
The ºâ̳¾Ê will receive a slice of the total Êä½þ¡Ê¶â¡Ë Ë¡°Æ of more than ¡ ò20 billion that Êݸ± companies and other ǯ¶â providers are having to return.
Public-ÉôÌç ϫƯ¼Ôs, ´Þ¤àing teachers and nurses, have their ǯ¶âs ľÀÜ¡¿¤Þ¤Ã¤¹¤°¤Ë paid by the taxpayer, so the Êä½þ¡Ê¶â¡Ë goes straight into ºâ̳¾Ê coffers. Some ¸«Àѡʤë¡Ës ¼¨º¶¤¹¤ë that the first Ãʳ¬ of Êä½þ¡Ê¶â¡Ë is ¸½ºß¡¿°ìÈÌ¤Ë bringing the ºâ̳¾Ê a one-off ¿¤Ó¡Ê¤ë¡Ë of ¡ò1 billion.
The money counts as a »ñËÜ¡¿¼óÅÔ Îμý½ñ, not a ¸½ºß¤Î Îμý½ñ, so it cannot be used to ´ð¶â ¸½ºß¤Î spending. However, the À¯ÉÜ is committed to a ¡ò40 billion spending programme to ²þÁ±¤¹¤ë Britain's health and education ÁÈ¿¥¡¿´ðÈס¿²¼Éô¹½Â¤. The ǯ¶âs Êä½þ¡Ê¶â¡Ë money could go ¤Ë¸þ¤«¤Ã¤Æ this »ö¶È¡¿·×²è¡Ê¤¹¤ë¡Ë.
Money ½ù¡¹¤Ë disappeared from the public purse at the time ǯ¶âs were ¸ºß mis-sold, because the public ÉôÌç ϫƯ¼Ôs stopped giving their ǯ¶âs ½Ð»ñ¡¿¹×¸¥s to the À¯ÉÜ and started giving it to »äŪ¤Ê ¶¡µë¼Ôs instead. That money is now returning to the public purse, all at once.
·ë¶É the ºâ̳¾Ê will have to »Ùʧ¤¦¡¿Ä¶â out to the public-ÉôÌç work-ers when they retire - part of the "ǯ¶âs timebomb" that is ÀêÎΤ¹¤ëing policymakers across the industrialised world.
Most watched Money ¥Ó¥Ç¥ªs
- ¾®·¿¤Î Cooper SE: The British icon gets an all-electric makeover
- Blue ·ß ´ð¶â ·Ð±Ä¼Ô¡¿»ÙÇÛ¿Í on the best of the Magnificent 7
- ¾®·¿¤Î celebrates the ²òÊü¡Ê¤¹¤ë¡Ë of brand new all-electric car ¾®·¿¤Î Aceman
- A look inside the new Ineos Quartermaster off-road ¹¥Å¾ ¥È¥é¥Ã¥¯¤Ç±¿¤Ö
- Kia's 372-mile compact electric SUV - and it could costs under ¡ò30k
- Incredibly rare MG Metro 6R4 ·èµ¯Âç²ñ¡¿·ë½¸¤µ¤»¤ë car sells for a µÏ¿¡¤µÏ¿Åª¤Ê¡¿µÏ¿¤¹¤ë ¡ò425,500
- Mercedes has finally ÌÀ¤«¤¹d its new electric G-Class
- ºÇ¹â¤Î¡¤¤ò±Û¤¹ Gear takes Jamiroquai's lead singer's Lamborghini for a spin
- ¡Ê±Ç²è¤Î¡Ë¥Õ¥£¡¼¥È¿ô of the Peugeot fastback all-electric e-3008 ÈÏ°Ï
- 'Now even better': Nissan Qashqai gets a facelift for 2024 ¸«²ò¡¿ËÝÌõ¡¿ÈÇ
- Porsche 'refreshed' 911 is the first to feature hybrid ÎÏ¡¿¶¯ÎϤˤ¹¤ë
- Introducing Britain's new sports car: The electric buggy Callum Skye
- ÃèÊ֤꡿˽Í¤ëing Trafigura Íø±×¡Ê¤ò¤¢¤²¤ë¡Ës signal end to ¾¦ÉÊ¡¿É¬¼ûÉÊ ¤Ë¤ï¤«·Êµ¤
- Ten Ä´°õ¤¹¤ës you're about to go ÇË»º¼Ô¡¿ÅÝ»º¤·¤¿ (but don't realise...
- Child Íø±× ÀǶâ threshold would rise ¤½¤Î¾å¤Î under Tory...
- Greek banks to »Ùʧ¤¦¡¿Ä¶⠡ʳô¼ç¤Ø¤Î¡ËÇÛÅös for the first time since the...
- Ĺ¡¤»ØƳ¼Ô exec of Magners cider À½Â¤¼Ô C&C Group ¼¿¦¤¹¤ës ¤Þ¤Ã¤¿¤ÀÃæ¤Ë...
- House prices continue to rise Ëèǯ, says Halifax......
- New »þÂå for Asda as »äŪ¤Ê ¸øÀµ¡¤ÉáÄ̳ô¼ç¸¢ »Ù±ç¼Ô TDR »ñËÜ¡¿¼óÅÔ...
- SMALL CAP MOVERS: SRT ³¤ÍÎ Systems ³ô ÂѤ¨¤ë...
- ÊúÍʤ¹¤ë US ¿¦¶Ès growth ÂçÂÇ·â¤òÍ¿¤¨¤ës Ϣˮ¤Î Reserve Íø±×¡¿¶½Ì£ Ψ...
- How would Lib Dem ·×²è¡Ê¤¹¤ë¡Ë for ²òÊü¤¹¤ë¡¿¼«Í³¤Ê personal care work... and...
- ¼«¼£ ÁÏΩ¼Ô ¥Þ¥¤¥¯ Lynch ¡Êµ¿¤¤¤ò¡ËÀ²¤é¤¹d in $11bn US º¾µ½ ºÛȽ¡¤¸øȽ
- Tech µðÂç¡Ê¤Ê¡Ës Microsoft, Open AI and Nvidia ľÌ̤¹¤ë AI...
- Chanel creative director ¤ä¤á¤ës after five years with...
- Bridgepoint chairman steps É餫¤¹¡¿·âÄƤ¹¤ë
- Bailey must follow the ECB with Bank of England's first...
- Bellway ¾º³Ês price »ØƳ¡¿¼ê°ú as UK ½êÍʪ¡¿»ñ»º¡¿ºâ»º ÉôÌç...
- ECB ºï¸º¡Ê¤¹¤ë¡Ës Ψs for first time since 2019 - but ·Ù¹ð¤¹¤ës...
- ¾¦Çä¡¿»Å»ö Ĺ´± Kemi Badenoch to »ý¤Ä¡¿¹´Î±¤¹¤ë ²ñÃÌ with ²¦¼¼¤Î...