State pension warning: Triple lock is a ‘ticking time bomb’ as Sunak plots huge changes
The Daily Express: STATE PENSION savers have been warned that the triple lock is a “ticking time bomb” as Chancellor Rishi Sunak eyes changes.
An influential think tank has told Chancellor Rishi Sunak to ditch the state pension triple lock as average earnings figures soar. The Institute for Government has warned that the government cannot meet all of its manifesto commitments in the wake of the pandemic and that a multi-year spending review due in the autumn would “crystallise difficult choices”. Gemma Tetlow, chief economist at the institute, said: “You cannot meet all of the commitments in the manifesto. Something almost certainly has to give.
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