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Asia Pacific Leads Surge in Embedded Finance with a Market Size Poised to Reach US$ 306.59 Billion by 2029

PA Media reported that Rishi Sunak has announced a £2.4 billion tax cut for pensioners. This move is aimed at gaining the support of pensioners, while Labour focuses on attracting business leaders. The Prime Minister plans to raise the income tax personal allowance for pensioners, resulting in a tax cut of approximately £95 in 2025-26, which will increase to £275 by 2029-30. Sunak emphasized the importance of ensuring dignity in retirement for those who have worked hard throughout their lives. During a visit to a bowling green in Leicestershire, he stated, “What I believe is if you work hard all your life you should have dignity in retirement.”

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