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00:51
Liz Truss ‘completely committed’ to pensions triple lock in contradiction of Jeremy Hunt
Liz Truss has told the House of Commons that she is “completely committed” to the pensions triple lock.
Despite a contradictory statement by Jeremy Hunt, the prime minister said both herself and the chancellor were on the same page about upkeeping the Conservative manifesto pledge
The triple lock is a guarantee that the state pension rises every year in line with inflation, earnings, or 2.5% – whichever is highest.
Inflation rose to a 40-year high of 10.1%, the Office for National Statistics revealed on Wednesday, 19 October.
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