Farage Locks in Triple Lock Pension Promise
UK News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Nigel Farage solidifies Reform UKs commitment to the triple lock on state pensions, promising to maintain it despite internal party discussions. This policy, in place since 2011, ensures pensions rise with the highest of average earnings growth, inflation, or 2.5%. Farages decision comes after a meeting with Treasury guy Robert Jenrick, who previously advocated for the policy. The triple lock has significantly boosted pensions, with a 4.8% increase this month. Farage justifies the policy as a reward for hardworking individuals, aligning with Reforms values. The party plans to fund this through substantial welfare bill cuts and aims to make civil service pensions for new hires more sustainable, drawing a line between rewarding pensioners and trimming fat elsewhere.
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