Conservative manifesto to include state pension triple lock pledge

Tories will keep triple lock in place if party stays in government

Jenna Brown
clock • 1 min read

The state pension triple lock will be retained should the Conservatives win the next general election, the chancellor has confirmed.

Speaking to the BBC, Jeremy Hunt said the triple lock would be included in the party's manifesto. The state pension in uprated using the triple lock mechanism - meaning it increases by the highest out of average earnings, inflation or 2.5%. State pension payouts are set to rise by 8.5% in April. Hunt told Sunday with Laura Kunessberg he believed the "expensive" policy would be paid for by economic growth. Labour has previously said it is also committed to retaining the triple lock. The massive cost of the policy has been criticised by think tanks including the Institute for Fisc...

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