Your World, Fully Explored.
Published loading...Updated

UK urged to reform pensions triple lock by OECD

  • The Organisation for Economic Co-operation and Development suggests reforming the state pension triple lock to provide fiscal headroom and address vulnerabilities in the UK's finances.
  • The triple lock, which ensures the state pension rises by the highest of average earnings, inflation, or 2.5%, has been criticized for its cost and fairness.
  • The OECD predicts stable but low GDP growth in the UK and expects the Bank of England to maintain interest rates at 5.25% with a potential decrease in 2025.
Insights by Ground AI
Does this summary seem wrong?

6 Articles

All
Left
1
Center
3
Right
1
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 60% of the sources are Center
60% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sky News UK broke the news in United Kingdom on Wednesday, November 29, 2023.
Sources are mostly out of (0)