Thanks to all those of you who took the time to enter. Ninety people got every question right. And the winner was Chris Hughes from Leicester.

Here are the answers.

1. Which chief executive admitted he did not borrow money on his bank’s credit card as it was too expensive?

Matt Barrett

2. For how many weeks was the position of pensions minister vacant?

Ten

3. What was the Bank of England’s base rate on 1 January 2003?

4%

4. In July which high street bank became the first to launch a mortgage which complied with Islamic law?

HSBC

5. Where and when did Darwin replace Dickens this year?

Back of the 10 note on midnight 31 July / 1 August 2003.

6. Which country voted not to join the Euro in September?

Sweden

7. What is the official title and full name of the minister who was forced to apologise to the House of Commons over the introduction of the new tax credits?

Paymaster General Dawn

8. The Conservative party did a u-turn on which aspect of state pension policy in October 2003?

Link between earnings and state pension

9. What date was the Budget?

9 April, 2003

10. Who took over as the new Chairman of the Financial Services Authority in September?

Callum McCarthy

11. What was the lowest closing level of the FTSE 100 in 2003? When was it reached?

3287 on 12 March

12. What did the minimum wage go up to for people over 21 in October 2003?

4.50 per hour

13. With which building society did the Portman merge at the end of 2003?

Building Society

14. The Post office announced in October it was linking up with which bank to offer a range of financial products?

Bank of Ireland

15. Which airline started selling travel insurance to passengers during their flight?

Ryanair

16. Which high street bank was fined 1.9m and told to pay 98m in compensation to customers after high income bonds?

Lloyds TSB

17. Which high street retailer got into trouble when it sent unsolicited credit cards to its charge card customers?

Marks & Spencer

18. How many times did the Monetary Policy Committee change the Bank of England base rate during 2003?

Three times

19. What is the inheritance tax threshold for the 2003-2004 tax year?

255,000

20. On what date did the new pension credit start?

6 October, 2003