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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
Department for Work and Pensions (DWP) state pension payments went up 4.1% in April in line with the Triple Lock metric.

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  • 40% of the sources lean Left, 40% of the sources lean Right
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Birmingham Mail broke the news in Birmingham, United Kingdom on Thursday, July 17, 2025.
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