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The Guardian - UK
The Guardian - UK
Politics
Phillip Inman

Reality check: can Treasury afford pledge to raise tax-free pension allowance?

Elderly woman shopping for food in a supermarket
Can the Conservatives afford their pledge to raise the tax-free allowance for pensioners? Photograph: Kumar Sriskandan/Alamy

The Conservatives have announced plans to boost pensioners’ income with a “triple lock plus”. It is a pitch to a group who, according to many polls, are the most likely to support the Tories, and is seen as a measure designed to shore up the party’s core vote.

What is the pledge?

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