Pensioners: Betrayed by the Budget?

💔Pensioners believe they have been let down and left out of the budget for the second year in a row.

✊The gray vote, which is the bedrock of the Tory vote, feels unvalued by the government.

💰Freezing the tax threshold drags more pensioners into higher tax brackets.

🔒The triple lock is not a bonanza for pensioners but a necessary financial support.

🌍Pensioners are resentful of the negative rhetoric surrounding the Baby Boomer generation and the lack of support for the elderly in comparison to other countries.

Are pensioners the most vulnerable group?

—While some pensioners face vulnerabilities, the budget affects everyone, and every generation is paying the price of a struggling economy.

What is the triple lock for pensions?

—The triple lock ensures that pensions increase by the highest of average wage increases, inflation, or 2.5% annually, providing a minimum financial support for pensioners.

Will pensioners be worse off with the freezing of tax thresholds?

—Freezing tax thresholds drags more pensioners into higher tax brackets, impacting their overall income and potentially leaving them worse off.

Why do pensioners feel betrayed by the budget?

—Pensioners feel let down and left out of the budget for the second year in a row, lacking the financial support and tax breaks they believe they deserve.

What financial support do pensioners need?

—Pensioners would benefit from tax breaks, reduced utility costs, support with housing downsizing, and recognition for providing free childcare for younger generations.

00:00Economists claim that older voters are the biggest losers from the budget, with 8 million retirees potentially £1,000 worse off.

03:11Pensioners believe they have been let down and left out of the budget for the second year in a row.

06:04Freezing the tax threshold drags more pensioners into higher tax brackets, impacting their overall income.

11:46Pensioners feel let down and left out of the budget for the second year in a row, lacking the financial support and tax breaks they believe they deserve.