Quizzed by BBC Breakfast, he said the triple lock "is the government's policy" - in the present tense - but added: "I very much recognise people’s concerns." The 'triple lock' has run since April 2011, was promised in multiple Tory manifestos, and guarantees bumper pension rises each year. Under the policy, state pensions rise every April by whichever is highest out of:Inflation. This means average weekly earnings are now "artificially" bouncing back this year as people come off furlough. "Labour will defend the pensions Triple Lock.

Source: Daily Mirror July 08, 2021 07:08 UTC