Global Economy

UK Chancellor Healey will use his budget this week to protect pensioners and those saving for their retirement as he announces plans to shield nearly one million people from paying income tax, according to The Times

StockNow breaking-news AI analysis

The report described plans to shield nearly one million people from income tax and a 3.9% full-state-pension increase, but retrieved evidence does not confirm either plan.

News detail

Healy is expected to confirm on Wednesday that the full state pension will rise by GBP 489 to GBP 13,036, and that will be equivalent to a 3.9% rise.

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