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The Latest Breaking News on Boris Johnson ‘bamboozled’ by science and Matt Hancock had habit of saying things that were untrue, UK Covid inquiry hears – as it happened

What is the lifetime allowance for pension savings and why is being scrapped?

Sir Keir Starmer describes the Spring Budget move as a ‘permanent tax cut’ for the wealthy

Evening Standard

Pension pot boost could be instrumental in retaining workforce, say experts

Chancellor Jeremy Hunt is understood to be looking at increasing pension allowances in Wednesday’s Budget.

The Independent UK

How planned pension tax changes could affect you

Chancellor will reportedly increase lifetime allowance limit and annual cap on tax-free contributions

The Independent UK

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read the most diverse news in one place.

Budget 2023: Millions set for pensions boost to get over-50s back into work

The lifetime allowance is currently set at £1.07million but could be increased to as much as £1.8million, in what is being seen as plans to get people working longer and to encourage over-50s back into work

Daily Mirror

Gary Lineker’s BBC suspension like something from ‘Putin’s Russia’, says Labour – as it happened

Shadow culture secretary tells Commons the decision to take presenter off air was part of a ‘Tory cancel campaign’

The Guardian - UK

Budget 2023: Pensions boost as Jeremy Hunt set to raise tax-free cap

Chancellor considering increase in lifetime allowance to reverse early retirement trend

The Independent UK

Jeremy Hunt considering Budget pension changes in drive to bolster workforce

The Chancellor is looking at increasing the lifetime and the annual pension allowance as part of his fiscal package on Wednesday.

Evening Standard

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Pension pot boost being considered by Jeremy Hunt in Budget

The Chancellor is reportedly considering increasing the lifetime pension allowance (LTA) in hopes to reduce early retirement trends

Wales Online

Hunt considering pension changes in the Budget in drive to bolster workforce

The Chancellor is looking at increasing the lifetime and the annual pension allowance as part of his fiscal package on Wednesday.

The Independent UK

When is the Budget and what is in it: Changes to benefits, childcare and bills

Jeremy Hunt is to announce big changes to some taxes, energy bills, Government help with childcare, benefits and possibly the cost of petrol

Wales Online

New measures to boost workforce participation for benefit claimants, over-50s and long-term sick or disabled on way

The Treasury has announced new steps to boost workforce participation ahead of this week’s Budget.

Daily Record

Young parents to be handed hundreds of pounds to help with childcare costs

Chancellor Jeremy Hunt will also reportedly amend rules on the ratio of staff to children in nurseries in a bid to make childcare more “flexible and affordable” for families

Evening Standard

Sunak: we can lure foreign firms even with corporation tax rise

PM to press ahead with planned increase from 19% to 25% despite some Tory MPs’ hostility

The Guardian - UK

Budget to encourage over-50s, disabled and benefits claimants back into work

Chancellor Jeremy Hunt will use his first Budget to address the drop in the UK’s labour force participation.

The Independent UK

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Nottingham Post

Martin Lewis advice helped man boost state pension by £28,000

The man is very thankful for the financial guru's advice

Liverpool Echo

Fears DWP state pension age increase from 67 to 68 will be brought forward

Concerns people will 'work until they drop' under state pension plans

The Guardian - UK

Budget 2023: Hunt plans to raise pension cap and improve childcare help

Chancellor’s budget likely to announce increase to £40,000 annual limit and lifetime allowance

Daily Record

State Pension payments of up to £203 each week for nearly 3m older people from next month

All the increases to weekly and monthly payment rates for those on the Basic and New State Pension.

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news in one place.

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Daily Record

Retirement experts warn 5.8m people could be affected by early changes to State Pension age

Speculation is growing that the State Pension age is set to rise earlier than scheduled.

Chronicle Live

State Pension rise for millions in April may see people having to pay tax on income

While the increase in State Pension payments will help offset the costs of living, it also means more older people may have to pay tax - here's why

Daily Record

State Pension increase next month could mean half a million more people in retirement pay tax

Older people on the Full New State Pension will receive £10,600 over the next financial year.

The Independent UK

Budget ‘could bring disability benefit reform to push people back to work’

Jeremy Hunt will reveal Spring Budget on 15 March as country battles soaring inflation, rising interest rates and high food prices

Wales Online

Six changes are coming to to state pensions over the next month

How much pension you receive depends how many years of contributions you have

The Independent UK

Proposals to expand pension saving to younger adults backed by Government

A Private Members’ Bill, being supported by the Government, could pave the way for the automatic enrolment age to be lowered to 18.

The Guardian - UK

Cost of living crisis prompting over-50s in UK to seek work, thinktank suggests

IFS says trend may ease pressure on labour market, but it is ‘no cause for wider celebration’ if it is triggered by people being poorer

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