The Treasury is under so much pressure it should consider becoming funded directly by the financial services industry, former cabinet secretary Gus O'Donnell has said.
Lord O'Donnell used his first speech to the House of Lords to say the Treasury is "in danger of being swamped by the pressures placed on it", the Daily Telegraph reported. Lord O'Donnell, forme...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders