Hoban promises Eq Life payments by June

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The government is on track to begin paying compensation to Equitable Life victims before the end of June, financial secretary to the Treasury Mark Hoban confirms.

Hoban (pictured) pledged in July 2010 the payment scheme would begin by the middle of 2011. In the October Spending Review, George Osborne said the government would pay a total of £1.5bn in comp...

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