Tag Archives: overseas citizens

End of Triple Lock in sight? Why half a million pensioners are not concerned!

In 2011 the coalition government introduced a formula that would ensure that state pensions would henceforth be automatically protected against the vagaries of inflation. They introduced a so-called triple lock which would guarantee that the state pension would be increased every year by the highest of the following:

  • Average earnings
  • Price inflation as measured by the Consumer Price Index
  • 2.5%

Successive governments have honoured this formula (which produced an increase of 3.9% for pensioners in April this year) and the conservative manifesto in 2019 promised it would be maintained for the following five years.

But then came the coronavirus!

This has heaped a heavy financial toll …

Posted in Op-eds | Also tagged , and | 11 Comments
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Recent Comments

  • Anthony Durham
    I worked for a while, over ten years ago, in the administration of a college of further education and have an abiding memory of the malignant dishonesty of the ...
  • David Garlick
    I thought that P|ublic Health dealt with these issues. If not then there has to be a body with authority to enforce action. Landlords can be good but they can b...
  • Zoe Hollowood
    Very worrying story. Thank you for sharing. I spoke to my stepdad about this issue, he used to work for the housing association regulator. He mentioned several ...
  • James Cole
    Very glad to see the English state party come out so strongly against this diabolical decision. Almost everyone here has introduced themselves as male/female...
  • Nonconformistradical
    Re the sewage item - interesting article at https://www.theguardian.com/environment/2022/nov/26/water-chiefs-blame-uk-government-for-failure-to-stop-sewage-poll...