Friday, 25 May 2012

Student Loans boss to stand down

The chief executive of the Student Loans Company, who attracted controversy over his tax arrangements, is to stand down.
The publicly-funded body says Ed Lester will leave his £182,000 post when his contract expires early next year.
Until February, Mr Lester received his pay package without deductions for tax or National Insurance.
An outcry over the arrangements led to a review of public sector pay.
The review identified more than 2,400 cases of public sector staff being employed indirectly rather than having tax deducted at source through PAYE.

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