Interest rates and oil prices have continued to ratchet up today, as financial markets fear the rise of inflation – creating more pressures for the Chancellor.
[Subscribe to our Substack newsletter: https://channel4news.substack.com/subscribe]
Meanwhile, state pensions in the UK are set to rise by nearly £500 a year.
But that jump means that even someone who only received the full state pension would be liable to income tax.
Here’s what’s going on.
——-
Get more news at our site – https://www.channel4.com/news/
Subscribe to our Substack newsletter: https://channel4news.substack.com/subscribe
Follow us:
TikTok – https://www.tiktok.com/@c4news
Instagram – https://www.instagram.com/channel4news/
Twitter – https://twitter.com/Channel4News
Facebook – https://www.facebook.com/Channel4News/
