🔴 Jeremy Hunt is torn between filling the black hole in public finances and avoiding anger among older voters by scrapping the pensions triple lock, a former pensioners minister has said
Pensioners expected the policy to be reinstated for April 2023, but it appears to be under threat as the Government grapples with its finances.
Up-to-date inflation figures published on Wednesday will be used as part of the triple lock formula. The figure is expected to be around 10 per cent, which wouldMr Webb said: “Because the legal position is the state pension has to rise in line with earnings, then [Mr Hunt] wouldn’t have the specific embarrassment of Conservative MPs having to vote for a law to scrap it. But to be honest, people would find another way, a vote, an amendment, [to keep the triple lock].
Suggestions that Ms Truss, who on Sunday 2 October told the BBC that she was committed to the triple lock could renege on her promise have led to fury among pensioners.
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