Sunak remains reticent on commitment to the pension triple lock

The triple lock - which guarantees that pensions rise either in line with wage rises, inflation or 2.5% depending on which is higher - has taken a battering in recent years thanks to a shaky economy. Sunak previously blocked pensions rising in line with wage growth coming out of the pandemic, effectively moving to a ‘double lock' system when he was chancellor. Now, as prime minister, he is yet to confirm the future of the policy, leaving those preparing for retirement in doubt of how much money they can expect or when they can expect. The government is now unlikely to make a commitmen...