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The current generation of pensioners has, in general, been better served by the UK's mix of state and private pension provision than earlier generations were. Pensioners today have disposable incomes - once you take account of housing costs and children - that on average are similar to those...
Persistent link: https://www.econbiz.de/10014552664
This report highlights 10 key facts about UK tax and public finance policy that will underpin the choices faced by …
Persistent link: https://www.econbiz.de/10014333371
The reason why both earnings growth and inflation matter for the state pension is the pensions 'triple lock'. In place since 2011 (except for a one-year temporary suspension in 2022), under the triple lock the state pension rises in line with the highest of CPI inflation, average earnings growth...
Persistent link: https://www.econbiz.de/10014343049
The Scottish Government's Budget for 2024-25 takes place at a time of particular uncertainty about the future funding environment. UK government spending plans both for the coming year and for later years seem likely to be topped up, but when and by how much is unclear. The current UK government...
Persistent link: https://www.econbiz.de/10014481240
This chapter of our second annual Budget Report looks at Scottish tax policy and revenue, the overall amount of funding available for Scottish public services, and planned spending on different individual services in the coming financial year, 2024-25. In several important respects, the Scottish...
Persistent link: https://www.econbiz.de/10014481250
The current generation of pensioners has, in general, been better served by the UK's mix of state and private pension provision than earlier generations were. Pensioners today have disposable incomes - once you take account of housing costs and children - that on average are similar to those...
Persistent link: https://www.econbiz.de/10014635267