Europe to tackle Brown over Equitable - papers 13th January

The EU parliament will convene next week and is expected to endorse moves to set up a committee of inquiry into the insurer’s near-collapse which will call on Treasury officials to testify. The paper says the decision is a victory for Equitable policyholders in Britain who have been dismayed by the results of other investigations into the scandal, in which they lost a total of £4 billion. Leaders representing all parties in the parliament said the inquiry would assess the allegations suggesting UK regulators failed to protect policyholders. There are 15,000 policyholders outside Britain...