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World

The pension triple lock is a drain on the taxpayer

25 March 2024

11:12 PM

25 March 2024

11:12 PM

Jeremy Hunt’s promise that the Conservative manifesto will protect the ‘triple lock’ on the state pension is a desperate measure to appeal to the one group of the population whom the Conservatives feel they can rely on. But taxpayers will not be thanking him in a few years’ time. On the contrary, by keeping the triple lock – which increases state pensions by either the Consumer Prices Index (CPI), average earnings or 2.5

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