FSCS hires former Treasury tax director as CEO

Neale will join the FSCS board in May, replacing Loretta Minghella after her five years at the head of the organisation. In his public sector career, Neale has been director general budget, tax and welfare at HM Treasury since 2005, where he caused controversy in 2007 by admitting 75% of eligible workers, equating to around 5.3 million households, did not claim the Working Tax Credit. Prior to the Treasury he was director general security, international and organised crime, at the Home Office, and he has also held the role of director of finance, commercial and corporate services with...