An intriguing comment appeared in The Times last week on the continuing row over the government’s crackdown on trusts.  A source, described as ‘close to the chancellor’ said: ‘The suggestion that these proposals will cause any hardship to anyone vulnerable is unadulterated garbage. All we have here is a group of publicity-hungry accountants and opportunistic Tories spreading irresponsible scare stories.’

‘Erm, yes,’ might be one response to the comment. TS has been speculating as to who might have said such a thing. It doesn’t sound like a Treasury official. Treasury types appear to not have the surest grasp of the issue, but appreciate that it is a sensitive one.

TS has a few names in mind. Anyone who cares to speculate can join the debate by posting a comment below.