Treasury denies 2016 end of contracting out motivated by '£5bn windfall'

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Economic secretary to the Treasury Sajid Javid has denied that bringing forward the end of contracting out by one year was motivated by the expected £5bn boost to the Exchequer.

During his 2013 Budget, Chancellor George Osborne confirmed that the government will bring forward the implementation of the single tier state pension from 2017 to 2016, which will also herald the ...

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