TaxCorporate TaxBudget2012: Royal Mail pension fund to pay for debt

Budget2012: Royal Mail pension fund to pay for debt

Transfer of Royal Mail pension fund will be used to pay off debt

THE CHANCELLOR said that the billions of pounds transferred from the Royal Mail pension fund will be used to pay the country’s debt.

“I don’t intend to spend it. It will be used to pay back debt,” he said.

 

Related Articles

Spring Budget 2017: ‘Not a nice Budget for SMEs’

Corporate Tax Spring Budget 2017: ‘Not a nice Budget for SMEs’

9m Emma Smith, Managing Editor
Top five takeaways from Spring Budget 2017

Corporate Tax Top five takeaways from Spring Budget 2017

9m Emma Smith, Managing Editor
Spring Budget 2017: Making Tax Digital

Business Regulation Spring Budget 2017: Making Tax Digital

9m Shereen Ali, Deputy Editor
Live blog: Spring Budget 2017

Corporate Tax Live blog: Spring Budget 2017

9m Accountancy Age editorial
Top five talking points for Spring Budget 2017

Corporate Tax Top five talking points for Spring Budget 2017

9m Emma Smith, Managing Editor
Income tax reduction top priority for businesses in Spring Budget

Corporate Tax Income tax reduction top priority for businesses in Spring Budget

9m Emma Smith, Managing Editor
What can we expect from Spring Budget 2017?

Corporate Tax What can we expect from Spring Budget 2017?

9m Emma Smith, Managing Editor
Budget is a 'springboard' for tax policy reform, says new report

Corporate Tax Budget is a 'springboard' for tax policy reform, says new report

11m Stephanie Wix, Writer