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HomeSourcesbbc.comPensions: Downing Street refuses to commit to triple lock

Pensions: Downing Street refuses to commit to triple lock

Rishi Sunak will not commit to raising the state pension in line with inflation ahead of a statement by his chancellor next month, No 10 has said.

But the PM’s press secretary said he had a record of being “compassionate for the most vulnerable”.

Just last week, his predecessor Liz Truss said she was committed to the pensions triple lock.

The pledge means payments rise by whatever is higher – inflation, average earnings or 2.5%.

Some Tories MPs have been concerned the manifesto pledge could be ditched and have argued pensioners should be given certainty their payments will keep up with the rising cost of living.

Sourcebbc.com
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