Pensioners to Gain £550, Triple Lock Debate Continues

Millions of pensioners to receive significant state pension boost, with increases of up to £550 next year, under the governments triple lock pledge. This rise, one of the highest in recent years, comes amid debates on the sustainability of the triple lock, with critics arguing its becoming too expensive. Despite calls to scrap it, the government has reaffirmed its commitment, as the Chancellor prepares for the upcoming Budget, where further tax changes and spending cuts are anticipated.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.