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Budget 2014: Osborne vs the pensions industry

By Jay Elwes  

Is a federal system the best option for Britain?

George Osborne, who today announced a complete overhaul of the pensions industry ©/PA Wire/Press Association Images

Read more in-depth analysis of this year’s Budget in Prospect

George Osborne’s Budget speech was the last but one before next year’s election. The silence in the run up to it was deafening—not a leak, or a squeak emerged ahead of today’s announcement, in sharp contrast to previous Budgets where leakages have caused the Chancellor significant problems. Perhaps having learned from the past, Osborne kept today’s details strictly under wraps. It did not disappoint:…

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