Osborne breaks pledge to UK pensioners

Updated

Did George Osborne break his promise to British pensioners? Osborne's so-called 'Granny Tax' has been found to go against a 2011 pledge that the age-related personal allowance would rise with the retail price index, until at least 2015.

The discovery was made by the National Pensioners Convention (NPC), who have launched an online petition calling for the Government to restore the allowance inflation link.

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