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Pensions will rise regardless of inflation
Budget 2009: Rich lose pension tax relief

By politics.co.uk staff Those earning over £150,000 will lose tax relief on their pensions, the chancellor has revealed. The removal of tax relief was widely expected but for all high rate tax payers, not just those taking in more than £150,000. “I intend to address the anomaly which sees a tiny proportion at the top… Read more »

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Budget 2009: Brown and Darling fly the flag
Budget 2009: Brown and Darling fly the flag

By politics.co.uk staff Alistair Darling has unveiled a distinctly political Budget, putting down a firm dividing line with the Conservatives. Borrowing will shoot up over the next few years to finance public spending, with an eventual peak over 80 per cent of GDP. The big surprise came in the form of a new 50 per… Read more »