UK To Announce A Stealth Tax Raid On Pensions

It’s remarkable to think that it was just 6 weeks ago when the UK revealed its biggest spending spree in decades – one which sparked a bond market crisis, a political shake up and the resignation of the now former PM Liz Truss. Fast forward to today when in a dramatic reversal, we learn that the UK is sinking into Greek-style austerity: the Telegraph reports that Prime Minister Rishi Sunak and finance minister Jeremy Hunt plan to reveal a stealth tax raid on pensions later this month.