Sunak Promises Pensioner Tax Cuts Amid Tory Election Struggles
TL;DR Summary
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
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- 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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