UK PM 'completely committed' to state pension triple lock

clock • 4 min read

Today's inflation figures (19 October) mean UK pensioners will be in line for a record-breaking increase to their state pension after prime minister Liz Truss said she was "completely committed" to the triple lock. UK Consumer Prices Index (CPI) returned to double-digit figures for September hitting 10.1% as the cost of food and non-alcoholic beverages soared. The September inflation figure is one of the key elements for the state pension triple lock formula. The other two being wages and 2.5%. Speaking during a heated Prime Minister's Questions, Truss said she was "completely comm...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?