The breaking point for pensions?
Since the pension triple lock was first introduced in 2010, the economic circumstances have always meant that it’s a manifesto commitment that any party is willing to stand behind, after all, who wants to be the political party that alienates the ‘grey pound’?
But in 2023, off the back of double-digit price inflation and significant pay increases, the triple lock is looking like an expensive policy for the government to apply.