‘Tories are keen to woo the grey vote!’ | Liam Halligan breaks down Sunak’s Triple Lock Plus pledge

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'Tories are keen to woo the grey vote!' | Liam Halligan breaks down Sunak's Triple Lock Plus pledge

"The Tories are keen to woo the grey vote," says Liam Halligan, discussing the Tories’ “triple lock plus” pledge.

“But all they are doing is protecting pensioners from the tax downsides of the government’s own decision to freeze tax thresholds, including the £12,570 personal allowance, until 2028. That ongoing threshold freeze, in itself, amounts to a very sizeable ‘stealth’ tax."

#pensions #pension #economy #finance #savings #triplelock #ukpolitics #uknews #gbnews

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Date: May 28, 2024