
Reform UK Commits to Triple Lock Pension
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Reform UK solidifies commitment to state pension triple lock, a move supported by six in ten voters, with overwhelming backing from those aged 65 and older. The triple lock guarantees pensions rise by the highest of inflation, average earnings, or 2.5%. Tories plan to maintain it, while Labour hints at phasing it out due to pensions catching up to earnings. The April 4.7% bump costs an additional six billion pounds, raising the full state pension to £12,548 per year. Age UK praises the pledge for benefiting the poorest pensioners, while Tory insiders criticize Reform for funding concerns.
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UK News Today | 2 Min News | The Daily News Now! — Reform UK Commits to Triple Lock Pension. Machine-transcribed; use the interactive transcript above to jump the player to any line.
On April 1st, reform UK's putting an end to their internal debate by committing to the state pension triple lock at the next election, Robert Genrex announcing it today in a big economic pitch before local elections. The triple lock guarantees pensions rise by the highest of inflation, average earnings or 2.5 percent started back in 2011. Genrex been a steady backer while Nigel Farage left it open for talk earlier this year and last fall. Now the party is locking it in, handing Genrex a win after he jumped ship from the Tories in January. Poles back the move hard, more than 6 and 10 voters across parties want it kept, jumping to nearly 90 percent for those 65 and older. Though only 4 and 10, 18 to 24-year-old agree, Tories plan to hold it for now, pass the autumn budget at least, while labor hints at phasing it out since pensions are catching up to earnings. This April's 4.7 percent bump costs 6 billion pounds extra, pushing the full state pension to 12,548 pounds a year.
Tories insiders slam reform as chaotic on funding it, but age UK hails the pledge for lifting poorest pensioners' lives. With voters this fired up, expect the triple lock to stay front and center through the election season.
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