GI CEO's urge against IPT increase in letter to Osborne
Twenty-three general insurance executives have written to Chancellor of the Exchequer George Osborne ahead of the 16 March Budget announcement, urging against a further increase in insurance premium tax.
In a letter from the Association of British Insurers, seen by Post, the signatories said any further increase in IPT would be "strongly opposed" by the industry.
They wrote that 2015's IPT rise from 6
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