The Chancellor's decision to scrap an age-related tax allowance for pensioners in the Budget is the lead story for most papers. The Daily Telegraph describes it as a stealth raid on the middle classes - adding that the 'Granny Tax' will hit five million pensioners. Full story >>
Granny is an informal word for grandmother, but, as here, the term is sometimes used more loosely to refer to the elderly. • George Osborne is coming under fierce attack over an unexpected "granny tax" in his Budget that will leave 4.5m pensioners worse off.