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Why the UK PM could drop the triple lock pension pledge

Original: Why the PM could finally drop the triple lock pension pledge https://www.bbc.co.uk/news/articles/c6jdvmy1287yo?at_medium

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.

Why now: Speculation that a core pension pledge could be abandoned is prompting debate about government spending priorities and pensioner incomes.

UK Prime MinisterUK governmentstate pensiontriple lockBBC News

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