pensions triple lock
Coverage of pensions triple lock in the Nexus archive.
- VAT is Burnham’s best tax-raising tool if UK public finances go off track, says OECD
The OECD suggests VAT as Burnham’s best tax-raising tool if UK public finances face challenges, with a new report emphasizing spending restraint and ending the pensions triple lock as key long-term reforms.
- Scrap the 'unaffordable' pensions triple lock, urges former prime minister Sir Tony Blair
Former UK Prime Minister Tony Blair has called for the abolition of the pensions triple lock, citing its unaffordability. The policy, which guarantees pension increases linked to inflation, wage growth, or 2.5%, is under scrutiny amid financial pressures.
- Tony Blair’s thinktank urges Labour to scrap ‘unaffordable’ pension triple lock
Tony Blair’s thinktank, the Tony Blair Institute, has called for Labour to abandon the 'unaffordable' state pension triple lock due to financial pressures, particularly amid the Iran war's impact on public spending. The institute argues the pension policy is outdated and requires overhaul.