Triple Lock at Risk? State Pensioners Urged to Prepare as Rachel Reeves’ Spring Statement Nears
Introduction The UK’s Triple Lock pension system is under scrutiny, with reports suggesting that Chancellor Rachel Reeves may consider repealing or reforming it in her upcoming Spring Statement. This policy, which guarantees state pension increases based on inflation, earnings growth, or a fixed percentage, has been crucial in protecting pensioners’ income. With rising government spending … Read more