Pensions: Labour to cut tax-relief for the highest earners

iStock_000024336538_ExtraSmallIt has emerged that if Labour win the next election, they will cut tax-relief on pensions for the highest earners and use the proceeds to fund a new job creation program for young unemployed people. Under the plans Labour would reduce the tax-relief received by those people earning in excess of £150,000 each year from 45% to 20%. The money saved would be used to fund the Compulsory Jobs Guarantee, designed to help young people, who have been out of work for more ...

Autumn Statement 2013: Who said what?

Who said what_istock We thought we would round up opinion and reaction to the Autumn Statement. From the Chancellor himself to the leader of the opposition, business leaders to the trade unions, who said what? We’d also love to hear what you think about the Autumn Statement, why not leave your comment at the end of this article?   g1 George Osborne, Chancellor of the Exchequor: Our economic policy is working, but the job is not ...

Autumn Statement 2012: Who said what?

Who said what_istock We thought we would round up opinion and reaction to the Autumn Statement. From the Chancellor himself to the leader of the opposition, business leaders to the trade unions, who said what? We’d also love to hear what you think about the Autumn Statement, why not leave your comment at the end of this article?   George Osborne, Chancellor of the Exchequor, “It is a hard road but ...