It’s all very well for BT’s bosses to say that their job-cuts are all in ‘back-room and middle management’ roles. That’s no comfort if you’re a middle manager working in a back room somewhere. And, if you’ve ever had the misfortune to have to ‘phone (irony?) BT to get anything done, it’s the people in the back rooms and their supervisors (for whom you inevitably have to shout in frustration) who are most needed. Makes you pine for the halcyon days of the GPO (kid’s etc).
“Why most won’t need to worry about IHT on pensions”
Many a government has made the point that only a minority will be affected by this or that tax change or tinker. It is, however, both perception and aspiration which are important, and they are what makes IHT the ‘most hated’ of all taxes – along with all the others, of course.