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Wealthier pensioners look to be the main losers from this Budget. The government is doing away with the age-related allowance. It will be frozen at 10,500 (10,660 for over 75s) from April 2013, but for anyone over the age of 65 it will be reduced to the personal allowance of 9,205.

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This renewed move in the previous trend occurs bank of america loans because traders now perceive the currency in question to be at bargain levels, low enough to be able to still grind out some advance movement for profit.