Sunak Promises Pensioner Tax Cuts Amid Tory Election Struggles
TL;DR
UK Prime Minister Rishi Sunak has pledged tax cuts for pensioners to improve the Conservative Party's poor poll numbers ahead of the July general elections. The plan would increase the tax-free allowance for pensioners, saving them up to £275 annually by 2030. The Labour Party criticized the move as a desperate attempt to regain economic credibility. Opinion polls suggest the Conservatives are facing a significant defeat, with many MPs, including prominent figures, opting not to contest the election.
- UK’s Sunak pledges tax cuts for pensioners as Tories face election wipeout Al Jazeera English
- General election: Tories announce 'Triple Lock Plus' pension allowance BBC.com
- UK's Sunak proposes tax cuts for pensioners in new election pledge Reuters UK
- Sunak unveils £2.4bn pensioner tax cut in bid to stabilise election campaign Financial Times
- Sunak Offers Pensioners Tax Cut as Tory Poll Shows Reform Threat Bloomberg
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