End of triple lock: What is the double lock and will it work? September 29, 2026 Andy Burnham has pledged to drop the triple lock on state pensions for a so-called ‘double lock’ in Labour’s next manifesto in order to pay for his new National Care Service. In an address to party members, Burnham confirmed the existing triple lock mechanism will remain in place for the remainder of this parliament before [...]
Burnham pledges to reform triple lock to fund new National Care Service September 29, 2026 Andy Burnham has said Labour will drop the triple lock on state pensions in its manifesto for the next election in order to fund a sweeping new National Care Service. In his address to party members, Burnham said the party would link a rise in the state pension to inflation or 2.5 per cent every [...]
Why is Burnham set to turn against the triple lock? September 29, 2026 The controversial pension triple lock is reportedly set to face the axe as Andy Burnham looks to rewire the UK’s pension landscape to fund his plans. In his maiden conference speech as prime minister on Tuesday, Burnham is expected to signal the death of the triple lock after 16 years, bringing an end to pensioner’s [...]
Burnham set to signal end of triple lock in conference speech September 29, 2026 Andy Burnham is set to signal the end of the triple lock on pensions in his maiden conference speech as Prime Minister, in a move that is likely to divide the Labour party. In his maiden conference speech as Labour leader, Burnham will suggest the policy is not sustainable in its current form and should [...]
Haldane warns Burnham on ‘tax-and-spend socialists with better TikTok videos’ September 16, 2026 Former Bank of England chief economist Andy Haldane has warned Prime Minister Andy Burnham that markets believe he is presiding over a “traditional tax and spend socialist government with better Tiktok videos”. Haldane, who advised Burnham before he returned to Westminster earlier this year, said the government’s “Achilles’ heel” was its inability to cut public [...]
State pension to top £13,000 as triple lock piles pressure on Healey September 15, 2026 The state pension is set to rise by £490 next year as a result of the triple lock, adding to “pressures” facing Chancellor John Healey as he draws up his first budget. New earnings growth data released on Tuesday has indicated that the triple lock pension will rise by 3.9 per cent. The triple lock [...]
Budget tax hikes would be ‘road to ruin,’ Healey warned September 6, 2026 A top business trade body has warned Chancellor John Healey that tax hikes at the October Budget would set the UK on the “road to ruin”. The British Chambers of Commerce (BCC) has urged the Chancellor not to “pile more taxes on firms,” saying that the Treasury should instead cut the costs facing firms to [...]
The Capitalist: Tugendhat does the triple lock hop September 3, 2026 Burnham goes to Sainos, Fuse CEO short circuits and Tugendhat flip flops on triple lock; catch up on the latest gossip in The Capitalist.
State pension set to pile pain on next generation of taxpayers, Healey warned August 26, 2026 The state pension is set to be the main driver of tax for the next generation of taxpayers, a Labour-linked think tank has warned in a paper that urged Chancellor John Healey to levy higher charges on wealth rather than income. New research from the Institute for Public Policy Research (IPPR), the former employer of [...]
Rupert Lowe axes pensions triple lock and pledges tax cuts in economic plan August 4, 2026 Rupert Lowe, the hard right leader of the Restore Britain party, has said he would back scrapping the triple lock pension and ordering three-year freezes on departmental budgets. Lowe, who has mainly focused on the issue of immigration since breaking from Reform UK over a year ago, published a pamphlet outlining his new party’s economic [...]