Tag: United Kingdom

Rachel Reeves' 2025 Budget Slashes ISA Allowances and Caps Pensions to Plug £20bn Fiscal Gap

Rachel Reeves' 2025 Budget Slashes ISA Allowances and Caps Pensions to Plug £20bn Fiscal Gap

Daxton Fairweather Nov 28 0

Rachel Reeves' 2025 Budget slashes ISA allowances and caps pension contributions to tackle a £20bn fiscal gap, hitting middle-class savers while avoiding austerity—sparking debate over fairness and growth.

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Reeves admits public fury as £8.3bn tax threshold freeze extended to 2030

Reeves admits public fury as £8.3bn tax threshold freeze extended to 2030

Daxton Fairweather Nov 26 0

Chancellor Rachel Reeves admitted public anger over economic unfairness as the UK extends its tax threshold freeze to 2030, projecting £8.3bn in revenue by 2029-30 through fiscal drag that hits 30 million middle-income earners.

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