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The Independent UK
The Independent UK
National
Martina Bet

Jeremy Hunt signals state pensions triple lock could be scrapped

PA Archive

Jeremy Hunt has suggested the triple lock on state pensions increases could be scrapped, as he refused to make any commitments on “individual policy areas”.

The Chancellor said decisions would be taken “through the prism of what matters” to the most vulnerable but failed to guarantee the Government would maintain the triple lock, the policy commitment by which state pensions are uprated by whichever is highest of 2.5%, wages and inflation.

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