Nadhim Zahawi has refused to commit to the pensions triple lock, amid growing fears of a U-turn on the issue.
Around 12.5 million people who receive the state pension could face a real-terms cut in earnings if their payments do not rise in line with soaring inflation, which is currently at around 10 percent.
#uk #triplelock #pensions
https://www.express.co.uk/news/politics/1688333/Nadhim-Zahawi-pensions-triple-lock-rishi-sunak-budget-inflation
Around 12.5 million people who receive the state pension could face a real-terms cut in earnings if their payments do not rise in line with soaring inflation, which is currently at around 10 percent.
#uk #triplelock #pensions
https://www.express.co.uk/news/politics/1688333/Nadhim-Zahawi-pensions-triple-lock-rishi-sunak-budget-inflation
Express.co.uk
Pension fears grow as Zahawi refuses to commit triple lock
Around 12.5 million people who receive the state pension could face a real-terms cut in income if their payments do not rise in line with soaring inflation, which is currently at around 10 percent.