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Will Chancellor target 25% tax-free pension lump sums in the Budget?

Taking up to 25% of your pension tax free is a popular perk at retirement. Lump sums are typically used to clear debt and pay for home improvements, cars and holidays.

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Evening Standard

Average five-year mortgage falls below 5% for first time since May 2023

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Evening Standard

Irish leaders welcome clarity on EU-US trade deal and pharma tariffs cap of 15%

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Evening Standard

Major retailers warn Reeves tax rises in autumn could push up prices

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Walmart reports solid second-quarter sales and profits despite tariffs

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A Ukrainian suspected in the Nord Stream pipeline blasts is arrested in Italy

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Travelodge weighed down by weaker London demand and surging costs

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Waitrose boss James Bailey to leave supermarket chain in September

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WH Smith shares tumble after lowering profit outlook on US accounting error

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Construction begins on ‘landmark’ windfarm that will power 335,000 homes

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Airport workers to strike in dispute over ‘poverty pay offer’

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Evening Standard

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Evening Standard

Government borrowing less than expected in July in boost for Reeves

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