Rachel Reeves needs to raise billions and pensioners fear they are the target

Contributing sentiments towards policy:

56% : "It looks increasingly anomalous to exempt people from national insurance contributions on their earnings, just because of their age," says Dodwell, who advised Labour on tax administration before the election.
53% : There is also increasing concern that Reeves will target pension savings, capital gain or inheritance in the autumn after pledging not to raise income tax, VAT, national insurance or corporation tax.
49% : Workers can get tax breaks based on how much they pay into their pensions and insiders say the Treasury has spent months looking at ways to restrict relief for higher earners.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.