Labour to oppose removing lifetime pensions allowance, calling it a 'tax cut for the rich'

Shadow chancellor Rachel Reeves said Labour will force a vote on the policy next week.

She compared it to Liz Truss's doomed attempt to cut the 45p tax rate for the wealthiest 1% last year.

Labour leader Sir Keir Starmer said the only permanent tax cut in the budget was for the richest 1%.