Pension triple-lock broken
Pension triple-lock broken

Older people are paying the price for the Conservatives’ economic mess. Rishi Sunak stood on a manifesto in 2019 on a pledge to keep the triple lock. Now he’s threatening that promise to Britain’s retirees. With pensioners struggling under the Conservatives cost of living crisis, it’s clear that Rishi Sunak is not on their side.

Even worse, according to the governments own analysis we have some of the worst pension arrangements in Europe. The Government’s report, Pensions: international comparisons, says:

“A comparison of state pension alone shows the UK providing a lower level of pension than most other advanced economies relative to average earnings.”

Tory failure to tackle the cost-of-living crisis means food, energy and petrol costs are soaring. Now is not the time to break the triple lock while pensioners are struggling. It’s clear that Rishi Sunak is not on their side.

The only reason they’re even considering spending cuts and not protecting the triple lock is because they’ve crashed the economy. This wasn’t a discussion we were having last month.

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