Insurance Post

Spending Review 2010: Equitable Life victims to be given £1.5bn

George Osborne

Chancellor of the Exchequer George Osborne has promised help to members of the public who lost money due to the near collapse of Equitable Life.

Under the Spending Review, the coalition Government has confirmed Equitable Life victims to be given £1.5bn, two thirds of which will be found in this Spending Review period.

The scheme will start

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