Budget discontent rumbles on

The dust is still settling following the Budget saying "I will restrict pension tax relief for those with incomes over £150,000 so it is gradually tapered to the same 20 per cent rate the majority of people receive." Given that he uttered this comment while driving a coach and horses through the long-standing principle of tax-exempt contributions underpinning the UK’s pension system, there have been surprisingly few howls of pain.