Jessica Beard

Chancellor Rachel Reeves will deliver her first budget on October 30 and has said she needs to find £22bn this year to plug a hole in public finances.

Savers are making a final dash to protect their hard-earned money from the tax-grabbing clutches of Rachel Reeves ahead of the Budget.

Mother-of-two Ruby Robinson always looks forward to putting her feet up in front of a film at the end of a long day in her job as a credit analyst.

A huge chasm between generous public sector pensions and squeezed private sector pensions could be blown even wider next week

It seems Treasury civil servants tasked with steering the Chancellor through the Budget have been whispering ideas into her ear that she should exclude their pensions from her tax raid.

Reverend Philip Stamp was sure he remembered saving into a pension during his days before the priesthood, when he worked at a brewery in the 1970s.

Tens of thousands of grieving families face a new death duty on pensions and will be dragged into paying the dreaded 40 per cent charge for the first time.

It is undoubtedly one of the stand out attacks of the Budget. Pension savers have been dealt a surprise blow as they now face a new death tax.

Chancellor Rachel Reeves dropped a pension reform bombshell in Wednesday's Budget so dramatic that experts say the golden rules of retirement income planning now need to be thrown out the window.

The state pension is set to rise by just 15 pc over the next five years - just half the increase that retirees have enjoyed over the past five years, figures hidden in the Budget reveal.