The Guardian - Giveaway for the 1%

Summary of the front page

The Guardian brands the budget a “giveaway for the 1%”, with public services “basically ignored” and left to face “implausibly tight spending”.

The pension changes in the Budget put the “wealthiest in line for an enormous tax cut” and amounted to a “giveaway for the 1%”, according to the front page. 

The paper says that someone with a pension pot worth £2 million will now get a tax cut of £275,000 when they take their tax-free lump sum.

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