Triple lock debate: 'Chancellor caught between devil and deep blue sea'

Almost 8% increase

Sophie King
clock • 5 min read
Rishi Sunak could face a tough decision with the triple lock.
Image:

Rishi Sunak could face a tough decision with the triple lock.

Pension commentators have reacted to the potential triple lock hike following figures released by the Office for National Statistics (ONS), offering their guidance on what the Chancellor should do.

On Thursday (15 July), the ONS published data that revealed a possible flat-rate state pension increase by £746.20 to £10,085.40 next year, an increase nearing 8%. The ONS confirmed that average weekly...

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