Government’s Cost-of-Living Champion Urges Labour to Cut Pensions Triple Lock
The think-tank says a smoothed earnings or inflation link would save about £650 million by 2029-30 while barely reducing pensioner incomes.
8 Articles
8 Articles
Evening Standard
perspectivemedia.comGovernment’s cost-of-living champion urges Labour to cut pensions triple lock
Iceland’s executive chairman Lord Walker of Broxton said the state pension policy was unaffordable.
In these times of stalled files, any impetus for rethinking should be welcome, writes Hans Nijenhuis in this commentary.
State pension debate erupts as Labour told to 'call time on the triple lock ASAP'
The Resolution Foundation has urged the Government to abolish the triple lock on the State Pension, describing the mechanism as costly and inefficient in damning new analysis.According to the think tank, switching to a smoothed earnings link from next year would deliver annual savings of £650million by the end of this Parliament.The Foundation argues these funds could be redirected to double investment in the Youth Guarantee programme, which sup…
UK Government’s cost-of-living champion urges Labour to cut pensions triple lock
House of Lords Chamber. Image: UK Parliament (CC BY 3.0.) Harry Taylor – PA Political Staff The UK Government’s cost-of-living champion has called for Labour to cut the triple lock on pensions. Lord Walker of Broxton, who is executive chairman of Iceland supermarket, told a debate on youth unemployment that the state pension policy was unaffordable and decried inaction by successive governments on the issue. The Labour peer, who hinted he disagr…
Coverage Details
Bias Distribution
- 50% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
