Major update over DWP and Labour government's stance on scrapping Triple Lock - Birmingham Live
UNITED KINGDOM, JUL 17 – Rising state pension costs could reach £15.5 billion annually by 2030, prompting calls for reform or a cap on the Triple Lock to ensure fiscal sustainability, experts say.
Summary by Birmingham Mail
8 Articles
8 Articles
Triple lock 'cap' policy could slow how much state pension rises each year
State pension payments went up 4.1 percent this year thanks to the triple lock The Government could bring in a cap on how much the state pension goes up each year in line with the triple lock, as the costs of the policy ever increase. Recent OBR estimates suggest the cost of the triple lock could reach £15.5billion a year by 2029/2030, three times the amount previously projected. The policy guarantees state pension payments increase each April i…
Coverage Details
Total News Sources8
Leaning Left2Leaning Right2Center1Last UpdatedBias Distribution40% Left, 40% Right
Bias Distribution
- 40% of the sources lean Left, 40% of the sources lean Right
40% Right
L 40%
C 20%
R 40%
Factuality
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