MikeTrendsTrends right now

search

UK state pension

Trends

  1. 1
    Critics attack push to end UK pension triple-lockโ—Neoliberals want to end the triple-lock on state pension. They inflict low wages, consign millions to poverty. Govt spen๐•xUSWorldPolitics1.4K1 d ago

    A claim circulating online argues that neoliberals want to scrap the triple-lock on the UK state pension, accusing them of keeping wages low and leaving millions in poverty. The post cites government pension spending as a share of GDP across G7 countries, showing the UK and Canada lowest at 4.7%, compared with Italy at 12.8% and France at 12%. Supporters of the triple-lock say it protects pensioners; critics say it is fiscally unsustainable.

  2. 2
    Why the UK PM could drop the triple lock pension pledgeโ—Why the PM could finally drop the triple lock pension pledge https://www.bbc.co.uk/news/articles/c6jdvmy1287yo?at_mediumMmastodonWorldPolitics31 d ago

    The BBC reports that the UK Prime Minister may finally abandon the triple lock, the pledge that the state pension rises each year by the highest of inflation, average earnings growth or 2.5%. Dropping the promise would break a long-standing manifesto commitment and is being debated as the government weighs pension costs against pressure on public finances.

  3. 3
    Andy Burnham pledges to scrap state pension triple lockโ–ผBREAKING: Andy Burnham has pledged to scrap the state pension triple lock after the next election "From April 2030, we w๐•xGB5.8K7 min ago

    Greater Manchester mayor Andy Burnham has pledged to scrap the state pension triple lock after the next election. From April 2030, the state pension would instead rise every year by at least prices or 2.5%. The pledge has drawn heavy attention in the UK, with reactions focusing on what it means for pensioner incomes and Labour policy.

  4. 4
    Burnham proposes ending pension triple lock to fund social careโ—As suggested, Andy Burnham is proposing to pay for a new settlement on social care through the ending of the state pensiMmastodonWorldPolitics35 h ago

    Andy Burnham is proposing to pay for a new settlement on social care by ending the state pension triple lock within four years. The argument is that by then the triple lock will have done its job of lifting UK state pension levels back toward European norms, freeing up the guaranteed annual rises to fund care instead. The idea is drawing attention as a contentious but concrete answer to the long-unresolved question of how to finance adult social care in England.

  5. 5
    Faisal Islam: UK triple lock change is a gambleโ—Faisal Islam: Triple lock move is significant, but it's a gamble https://www.bbc.co.uk/news/articles/cwp93d078j8no?at_meMmastodonWorldPolitics35 h ago

    The BBC's economics editor Faisal Islam says the UK government's move on the state pension triple lock is significant but carries political and fiscal risk. The triple lock guarantees pensions rise by the highest of inflation, earnings growth or 2.5%, and any change to it affects millions of pensioners. Islam frames it as a gamble because of the policy's cost and its sensitivity among older voters.

  6. 6
    Andy Burnham Says UK Pension Triple Lock Should Be Scrappedโ–ผUK State Pension Triple Lock To Be Scrapped, Andy Burnham Saysโœ‰newsBusinessPersonal Finance1 h ago

    Andy Burnham has said the UK's state pension triple lock should be scrapped, according to a Morningstar report. The triple lock guarantees pensions rise each year by the highest of inflation, average earnings growth or 2.5%. His comments are drawing attention because the policy protects millions of pensioners' incomes and has long been politically difficult for any party to abandon.

  7. 7

    The UK government has confirmed that the state pension triple lock will remain in place until the next general election, meaning pensions will continue rising each year by the highest of inflation, average earnings growth, or 2.5%. The commitment offers pensioners reassurance about future income, though it comes at significant cost to the Treasury and has long divided economists over its long-term affordability.

  8. 8
    Andy Burnham outlines major triple lock pension change planโ—What state pension triple lock changes mean as Andy Burnham uses speech to outline major change https:// fed.brid.gy/r/hMmastodonSportSoccer14 h ago

    Andy Burnham has used a speech to call for a major change to the state pension triple lock, the mechanism guaranteeing UK pensions rise by the highest of inflation, earnings growth or 2.5%. The proposal has drawn attention as the triple lock is one of the most costly and debated commitments in British welfare policy, with critics and supporters weighing what altering it would mean for pensioners and public finances.