Pension tax relief in Treasury crosshairs; triple lock 'not under threat'

To pay for pandemic spending

Sophie King
clock • 3 min read
"I think the triple lock is something that will stay, I haven't heard anything to the contrary" - Secretary of State for business Kwasi Kwarteng.
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"I think the triple lock is something that will stay, I haven't heard anything to the contrary" - Secretary of State for business Kwasi Kwarteng.

The Treasury is considering ways to claw back money lost during the pandemic, with pension tax relief raids high up on the list, according to The Telegraph's political editor Ben Riley-Smith.

Riley-Smith reported in The Telegraph that Treasury officials are making plans for a pensions tax raid in the autumn budget to help pay for heightened public spending during the coronavirus pandemic...

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