Liz Truss has pledged to maintain the so-called triple lock guarantee on pension increases, as she fought back against accusations from Keir Starmer that she is “not in charge” of her government or the country.
Downing Street and the Treasury had for days refused to commit to the triple lock, under which the state pension would rise by whichever is the greatest of inflation, average earnings or 2.5%, amid a review of spending by Jeremy Hunt, the new chancellor.
