Both the Conservatives and the Liberal Democrats are pledged to pay compensation for the failures of past regulation, at a potential cost of £1 billion, despite the parlous state of public finances.
If the polls are right and Gordon Brown leaves Downing Street, one million savers who trusted Britain’s oldest insurer can expect justice at last in the sorry saga of Equitable Life.
Both the Conservatives and the Liberal Democrats are pledged to pay compensation for the failures of past regulation, at a potential cost of £1 billion, despite the parlous state of public finances.