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Transcripts For BBCNEWS Breakfast 20240702

youngsters are actually some of the most economically active in the developed world. waving goodbye to the french open for what is likely to be the last time. the record 1a time champion in paris rafael nadal is knocked out in the opening round. good morning. rain is coming in from the south west pushing north east through the day. behind it we see a return to sunshine but some scattered showers. all of the details later. it s tuesday, the 28th of may. the conservatives have promised to raise the tax free pension allowance if they win the general election. they say the proposal would be worth £275 a year to each pensioner by 2030. under the plans, the state pension would always remain below the tax free threshold. rishi sunak says the scheme shows the conservatives are on the side of pensioners but labour have called it desperate . 0ur political correspondent, ben wright, has the details. what do you love about it? there s one particular reason politicians like to present t

Transcripts For BBCNEWS BBC 20240702

to increase the personal tax allowance for pensioners if they win the general election. they say the proposal would be worth £275 a year to each pensioner by the end of the decade. under the plans, the state pension would always remain below the tax free threshold. rishi sunak says the scheme shows the conservatives are on the side of pensioners but labour have called it desperate . rishi sunak will be out campaigning in the midlands today. let s get more on this with nick eardley. what do you love about it? how do you win over older voters? it s a question politicians ask themselves a lot. pensioners tend to get out and vote. so today, an offer from the conservatives, that the basic state pension will never be liable for income tax. the simple fact is that this tax change, this triple lock plus, will mean going forward that millions of pensioners, eight million pensioners, in fact, will be paying less tax than they would otherwise be paying. and that is clearly a tax cut

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