lpatrick
...that's not what it says on the link you provided viz.
'In 1993 Norman Lamont reduced the value of tax credit on share dividend payments for pension schemes to 25% which later provided Gordon Brown with the idea of abolishing it altogether.'
I was happy with the 25% mate (cf the 0% the class warrior imposed so he could support 'his people').
'Best if we keep politics out of the forum surely ? '
So why do it ?
I don't know what reserves the pension scheme protection thingy has, but I hope it doesn't have to bail out these BA deficits otherwise the levy will hit us all.