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Triple lock tweak could see state pension rise by less than expected

Treasury may strip out bonuses from yearly wage growth in last year when calculating average earnings, in attempt to cut spending

Mel strideAngela raynerOffice for national statisticsLabour partyPensions departmentOffice for budget responsibilityConservative partyNational statisticsPensions secretaryAutumn statementRishi sunakBudget responsibilityUk newsHm treasuryDepartment for work amp pensionsState pension

GAD completes consultation on valuation directions for public service pensions

The Government Actuary's Department (GAD) has completed a consultation on public service pensions directions, which set out how 2020 valuations should be carried.

Martin clarkePublic service pensions valuationsGovernment actuary departmentGovernment actuaryPublic service pensionsEmployer cost capHm treasuryMartin clarkeGovernment actuary 39s departmentGovernment actuary

The Bank should focus on inflation

Lord King’s comments further buttress the case for a review of the Bank’s mandate

Jan tinbergenMervyn kingLord kingBank of englandAndrew baileyNet zeroHm treasuryTelegraph viewUk economy

Treasury Committee approves appointment of new Budget Responsibility Committee member

The Treasury Committee has consented to Tom Josephs’ appointment as a member of the Budget Responsibility committee for a term lasting five years.

Andy kingDepartment for workOffice for budget responsibilityInternational monetary fundDepartment for internationalBudget responsibility committeeTreasury committeeChancellor jeremy huntBudget responsibilityInternational tradeHm treasuryDepartment for international tradeInternational monetary fundJeremy huntTreasury committeeAndy king

Treasury s IPT receipts surpass £7bn - Insurance Post

The Treasury collected a record £7.34bn in insurance premium tax receipts during the 2022/23 financial year, analysis by actuarial consultancy OAC has revealed.

Association of british insurers abiBritish insurance brokers 039 association bibaHm treasuryInsurance premium tax ipt

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