Reeves plans £2bn Budget raid on UK retirement savings
Move would reduce tax benefits from salary sacrifice pension schemes as chancellor aims to fill fiscal hole
Move would reduce tax benefits from salary sacrifice pension schemes as chancellor aims to fill fiscal hole

Treasury plan to cap relief on pension contributions is set to raise £2bn a year

Expected move by chancellor Rachel Reeves next week faces strong pushback from businesses

UK chancellor predicted to plump for ‘least worst option’ of creating higher council tax bands

Chancellor under pressure from some Labour MPs to raise levies on business this week

People close to the UK chancellor say she has begun drawing up a list of measures she may tighten in the autumn

Chancellor explores alternative ways to raise revenue to fill fiscal hole estimated at up to £30bn