Published On: Sun, Sep 17th, 2023
Business | 2,988 views

Labour policy chief refuses to guarantee triple lock pension protection in shock admission | Politics | News

Click here to join our Whatsapp community to be the first to receive the latest politics news

Laura Kuenssberg on her BBC Sunday morning politics show pointed out that Labour’s deputy leader Angela Rayner had also refusd to commit to keep the triple lock in place.

She asked: “Will the triple lock be in the Labour manifesto?”

Mr McFadden suggested that pensions had already been raised a lot by the triple lock hinting it could now be reconsidered.

He said: “The triple lock has raised pensions quite a lot in the last decade or so.

“All of these big ticket items are going to depend on the state of the economy at the time and the manifesto will take that into account when the election comes probably in a year’s time.”

Pressed again, McFadden said: “We are committed to keeping the triple lock now, what we have to say about the future Parliament comes when we come to draw up the manifesto.”

He pointed out: “We write the manifesto when the election comes.”

The exchanges came after Starmer had refused to rule out yet another tax hike on the british people in an earlier interview with Sky News.

It comes amid growing concerns over pensioner poverty with inflation pushing up the cost of living dramatically.

Source link