कोशिश गोल्ड - मुक्त

Is pension triple lock soon to be unpicked?

Scottish Daily Express

|

April 26, 2025

IT WOULD be fair to say the country is strapped for a bit of cash at the moment.

Weak economic growth, Rachel Reeves's blunder Budget and Donald Trump's tariffs bombshell has left the Government checking down the back of the sofa for some much-needed loose change.

Sir Keir Starmer has already slashed foreign aid to save a few billion in order to beef up Britain's defence budget.

Then the Chancellor announced scything spending cuts to balance the books in last month's Spring Statement, as she scrambled to fill a £14billion black hole in the Treasury's finances.

She swung the axe at Britain's bloated welfare bill, lopping off £3.4billion.

Let's also not forget Labour's devastating cut to the winter fuel payment for pensioners within days of entering office last summer.

The desperate quest to save money has turned attention to another benefit for the elderly the triple lock on pensions.

Until now, the sacred cow of British politics has widely and rightly, as far as the Express is concerned been regarded as untouchable.

The lock guarantees the state pension rises each year by whichever is the highest of the Consumer Prices Index inflation measure, wage rises or a fixed rate of 2.5%.

The Government has committed to keeping it until the next general election, which must be held by August 2029.

However, the spectre of reform has grown in recent months.

Despite Sir Keir's protestations that the policy will stay, many in the Labour ranks are questioning its future.

And perhaps more worryingly, questions are being raised among Tory circles too.

In December, a couple of months after Michael Gove was made editor, politically conservative magazine The Spectator hinted its time was up.

A punchy editorial on Sir Keir's performance suggested not everything the Prime Minister had done to that point was wrong.

Scottish Daily Express से और कहानियाँ

Scottish Daily Express

Loss as Brad as it gets

BRAD LYONS admits Kilmarnock’s first-half defensive debacle at Falkirk was a career low.

time to read

1 mins

November 03, 2025

Scottish Daily Express

TAV SEES RED OVER LET-OFF

that's no excuse. We have to as a team be more clinical in that game.

time to read

2 mins

November 03, 2025

Scottish Daily Express

Scottish Daily Express

'Tax change will put jobs and critical supply chains at risk'

RACHEL Reeves must reverse her planned inheritance tax changes or risk the collapse of family-run firms that are vital to growth, building chiefs have warned.

time to read

2 mins

November 03, 2025

Scottish Daily Express

Forest's owner: I will fund medical bills for fans

NOTTINGHAM Forest owner Evangelos Marinakis has vowed to fund medical treatment for any fan involved in the train knife attack.

time to read

1 min

November 03, 2025

Scottish Daily Express

150-year-old ale is a mix of old and brew

A SCOTTISH brewer is set to open one of the rarest beers in the world — a 150-year-old bottle once brewed for an Arctic expedition — to create a modern version of the historic ale.

time to read

2 mins

November 03, 2025

Scottish Daily Express

Scottish Daily Express

Biggest banks taking 'loyalty for granted'

BRITAIN’S biggest banks are taking loyalty for granted by offering customers the lowest returns on savings, says a Which? survey.

time to read

1 mins

November 03, 2025

Scottish Daily Express

Big Festive Greetings...as BFG stars in Christmas ad

ROALD Dahl's much-loved BFG is the star of Sainsbury's new “feelgood” Christmas TV ad.

time to read

1 min

November 03, 2025

Scottish Daily Express

Parker's rage at judges

ZACH PARKER accused the judges of stealing his children's futures after Joshua Buatsi won their clash on points.

time to read

1 min

November 03, 2025

Scottish Daily Express

Rabbit chews painfully slow

OUR VET DAVID GRANT WORKS HIS MAGIC

time to read

2 mins

November 03, 2025

Scottish Daily Express

Scottish Daily Express

MAROON THE HOUSES!

Magnusson is flitting in perfectly in Edinburgh but he won't be drawn on end-of-season title deeds

time to read

3 mins

November 03, 2025

Listen

Translate

Share

-
+

Change font size