economy

Burnham urged to rule out changes to pension lump sums in next Budget

Do not invite pre-Budget speculation for third year running, City bosses warn new PM

Burnham urged to rule out changes to pension lump sums in next Budget

TL;DR

  • City bosses are warning the new Prime Minister against pre-Budget speculation.
  • This is the third consecutive year such a warning has been issued.
  • The aim is to prevent market speculation and uncertainty.