Rise in state pension age to affect millions

Millions of people will have to wait for their state pension following  the decision in Tuesday’s Autumn Statement to bring forward the rise in the state pension age. Chancellor, George Osborne, announced that the state pension age will rise to 67 in 2026, because of Britain's ageing population and the pressure on public finances. People aged under 52 who had previously expected to retire at 66, must now wait an extra year to draw their state pension. At a glance: Changes ...

Autumn Statement: Are you a winner or loser?

George Osborne gave his Autumn Statement yesterday, laying out the state of the nation’s finances and his spending plans for the coming months and years. To say the message was gloomy is an understatement, it is clear that the economic downturn will affect Britain for much longer than had originally been predicted and that any recovery will be a slow and painful process. How bad is the economic outlook? Are you a winner or a loser from Mr Osborne’s statement? What were the key points? Read on to find out. Winners Motorists January’s planned rise in fuel duty has been scrapped and Augusts’ rise ...