Jeremy Hunt battling to justify pensions giveaway to the top 1%

Move will have no impact on NHS retention of doctors, say economic thinktanks

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Jeremy Hunt is battling to justify his budget pensions giveaway to the 1% after two leading economic thinktanks warned it could have no impact on NHS retention while opening up a vast new loophole for tax avoidance.

The Institute for Fiscal Studies and the Resolution Foundation both said it was doubtful the 1bn tax break would meet the chancellor's stated goal of retaining more senior doctors in the workforce, and could allow wealthy individuals to avoid inheritance tax.