Osborne woos savers and pensioners

%VIRTUAL-SkimlinksPromo%George Osborne pledged to share the benefits of economic recovery with pensioners and savers today as he delivered his penultimate Budget before the general election.

The Chancellor unveiled radical reforms to tax rules on retirement pots and new-style flexibile ISAs where people can save up to £15,000 without the Treasury taking a cut, and he pushed up the personal income tax allowance to £10,500 next year.