Rishi Sunak and Jeremy Hunt are planning a stealth tax raid on pensions as part of a dash to balance the books and restore Britain’s economic credibility, according to reports.
The prime minister and chancellor are looking to find tens of billions a year to fill a hole in the public purse, with a mix of tax rises and spending cuts being considered to increase market confidence after the catastrophic impact of Liz Truss’s unfunded mini-Budget.
