1 minute read
Hunt evidence
THE chancellor Jeremy Hunt laid out a range of policies in his budget announcement, including plans to boost pensions, expand free childcare and cut duty on fuel and draught beer.
He confirmed the UK is not forecast to enter a technical recession this year and that the government “will meet the prime minister’s priorities to halve inflation, reduce debt and get the economy growing.” change materially between now and the commencement of the Championships, we will consider and respond accordingly.”
He also said the government will add £11 billion to the defence budget until 2028 amid the continuing Russian war in Ukraine.
However Jeremy Hunt’s pension reforms will fail to get over50s who have already retired back to work.
The move comes under the heavy threat of further fines and sanctions from the two tours, which was described as ‘a very disappointing reaction’ by the All England Club.
The British game found itself isolated within the tennis fraternity over the decision to bar them from competing a year ago.
The lifetime allowance, which caps the amount that people can save taxfree into their pension at £1.073 million, will be abolished entirely from April 2024, as part of the government’s campaign to lure over50s back into the workforce.
33.1ºc is the highest ever temperature recorded in Malaga in April.
