State pensioners set to lose £13,920 from Wednesday | Personal Finance | Finance
Keir Starmer says ‘painful’ Budget is needed for ‘long-term good’
State pensioners could face tax rises worth almost £14,000 from Wednesday when the new Budget is finally announced.
Labour has ruled out tax rises on Income Tax, VAT or employees National Insurance – but Prime Minister Keir Starmer has warned the country that the “£22bn black hole” needs to be fixed, which means other tax rises are inevitable.
While the increase to VAT on private school fees was already in …
