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Manchester Evening News
Manchester Evening News
Business
Kieran Isgin

How rising inflation could impact pensions as PM says she is 'completely committed' to triple lock

Liz Truss has committed to maintaining the pensions triple lock at PMQs this afternoon. It comes after a series of economic U-turns, prompted speculation around whether the government may be forced to ditch the triple lock on pensions.

She told MPs: "I am completely committed to the triple lock and so is the chancellor."

More than 12 million Brits receive the state pension, many of which even depend on it entirely. It comes after inflation soars back to double digits, creating uncertainty around the future of many households' budgets.

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