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Sunak unveils tax break for pensioners as Labour woos business leaders

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The Prime Minister has announced a tax break for pensioners as shadow chancellor Rachel Reeves stepped up efforts to win business backing.

Rishi Sunak has unveiled a £2.4 billion tax break to help secure the support of pensioners, while Labour set out to woo business leaders on Tuesday.

Labour Party leader Sir Keir Starmer and shadow chancellor Rachel Reeves during a visit to Rolls-Royce in Derby Ms Reeves urged voters to “pass judgement” on the Conservatives, saying they had “failed on the economy”. This will guarantee in legislation that the pensioners’ personal allowance will always be higher than the level of the new state pension.

 

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Sunak unveils tax break for pensioners as Labour woos business leadersThe Prime Minister has announced a tax break for pensioners as shadow chancellor Rachel Reeves stepped up efforts to win business backing.
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