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The Independent UK
The Independent UK
Business
Dominic McGrath

Winter fuel allowance could be scaled back to cover triple lock costs – report

PA Wire

Rishi Sunak may cut the winter fuel allowance for all but the poorest pensioners as part of a bid to retain the pensions triple lock, according to reports.

It follows reports that the Prime Minister will fight the next general election on a promise to keep the triple lock – which guarantees the state pension will increase by the highest of inflation, average earnings or 2.5% – despite concerns about its cost.

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