Chancellor bungles his arithmetic
It seems that in all the excitement of his first budget speech, Alistair Darling forgot the current rate of corporation tax.
Backchat was amused to see that during his speech, Darling inadvertently gave the business sector a 10 point cut in corporate taxation, after he mistakenly pegged the current rate at 38% instead of 30%.
It should have been a two point decrease to 28%.
Who said strong maths skills were a necessity for becoming Chancellor of the Exchequer?
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
