Budget rumblings: Is Labour really going to axe pensions tax relief?

If you've been tuned out of the political narrative over the summer, you might not have heard that the government is facing a £22bn black hole in its finances and a ‘painful' Budget lies ahead. Then again, if you've got a smartphone, you're probably up to speed. There is plenty of speculation flying around about the taxes Labour are going to hike, especially after Keir Starmer said the heaviest burden will fall on those with the ‘broadest shoulders'. One of the rumours inevitably doing the rounds is that the Chancellor will axe higher rate tax relief on pension contributions. Possi...