Measures promote saving for the next generation

GEORGE Osborne said the measures outlined in his speech were intended to benefit ordinary working people and their families.

Measures announced covered pensions, savings as well as food and drink.

One of the standout announcements the Chancellor made was a lifetime ISA, allowing younger people major incentives to save for a pension or to buy a house; an approach which he said underlined the theme of this year Budget of putting “the next generation first.”

He admitted that under 40s had n... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...