Government insists it remains committed to triple lock after Pensions Secretary admits policy is 'unsustainable'

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Government insists it remains committed to triple lock after Pensions Secretary admits policy is 'unsustainable'
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The government has insisted it remains committed to the triple lock after the Pensions Secretary Mel Stride labelled the policy 'unsustainable'.

Tory party chairman Greg Hands insisted the government remains "committed" to the triple lock, though refused to confirm how that will be set out in the Autumn statement.

He added: “The Government has got a strong committment to the triple lock…but when it comes to the process, I’m not going to pre-empt anything that might be in the Autumn statement or fiscal statements beyond that.It comes after Work and Pensions Secretary Mel Stride hinted pensioners may not get the 8.5 per cent increase in the state pension, as earnings figures suggest.

"There clearly is a difference if you take into account the non-consolidated elements of pay in recent times, but these are all decisions that I have to take with the Chancellor as part of a very clear process, a statutory process actually, that I go through in the autumn," he told Radio 4.

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