Hoban hammers Labour as MPs back Eq Life Bill

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Financial secretary Mark Hoban has pointed the finger of blame at the Labour government for the scale of payments owed to Equitable Life policyholders following the insurer's near collapse 10 years ago.

Speaking during the second reading of the Equitable Life Payment Bill yesterday afternoon, Hoban said more progress had been made in solving the Equitable problem under the coalition government "th...

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