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Sunday 31 July 2016 9:26 amScrap the state pension triple lock urges ex-pensions ministerBy: Lynsey Barbe stanley mug (https://www.stanley-uk.uk) rShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAd owala (https://www.owalas.com.de) d as a preferredsource on GoogleThe so-called triple lock for state pensions should be scrapped, t polene (https://www.polenes.com.de) he former pensions minister has said.The costly protection which guarantees a yearly rise in line with either inflation, average earnings or 2.5 per cent ndash; whichever is highest ndash; should be dropped by the governmentto save billions of pounds, outgoing pensions minister Baroness Altman has said.Read more: Former pensions minister says time in Cameron government was like detentionThe triple lock is a political construct, a totemic policy that is easy for politicians to trumpet, but from a pure policy perspective keeping it for ever doesnrsquo;t make sense, said Altmann, speaking to the Observer. I was proposing a double lock whereby either you increase state pension in line with prices or with earnings, she said, revealing that she had lobbied David Cameron to drop the 2.5 per cent rise when inflation an prices are low.Read more: The City watchdog is having a think about how you ll take your pensionAbsolutely we must protect pensioner incomes, but the 2.5 per centbit doesnrsquo;t make sense. If, for example, we went into a period of deflation where everything, both earnings and prices, was falling then putting pensions Swfd Sky Betting amp; Gaming brings FTI Consulting on board to increase commentary on Northern Powerhouse scheme
Tuesday 18 May 2010 10:09 pmFormer AKO trader pleads guilty in courtBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleANJAM AHMAD, the former AKO Capital dealer, has pleaded guilty in court to insider trading, making him the first person to admit to the stanley cup (https://www.stanley-de.de) offence.His plea was heard yesterday in f stanley termosy (https://www.stanley-cups.pl) ront of the Southwark Crown Court and marked a pivotal moment for the Financial Services Authority FSA since the regulatorrsquo enforcement director Margaret Cole launched an aggressive campaign to crack down on insider dealing rings in the City.Ahmad, who is currently faced with a seven-year jail term, will learn his fate late next month when the court will set his sentence. For co-operating with the FSA and pleading guilty at an early stage, the judge could hand down a reduced sentence but no decision has been made.The FSA charged Ahmad last month with insider trading relating to trades involving 22 different transactions between June and August last year. He was arrested on 28 January along with three other men. The FSA said inquiries into the other three menrsquo actions are still pending. Ahmad is one of a number of City figures within the last year to face a jail sentence for insider trading.Christopher McQuoid and James Melbourne, who were the first to end up in jail as a result of the offence, were each sentenced stanley cup (https://www.cups-stanley-cups.com.de) to eight months in jail last March. Melbourne