'I repeat today the commitment we gave that we will protect the triple lock,' Rachel Reeves has said
Chancellor of the Exchequer Rachel Reeves making a statement in the House of Commons on public finances Giving a statement on public spending in the House of Commons this afternoon, Ms Reeves said: “I repeat today the commitment we gave that we will protect the triple lock.”
She then added: “I am making the difficult decision that those not in receipt of Pension Credit will no longer receive the Winter Fuel Payment from this year onwards. The Government will continue to provide Winter Fuel Payments worth £200 to households receiving Pension Credit or £300 for households in receipt of Pension Credit with someone aged over 80. .
It proposed that the Government should give a figure for what it believes to be an appropriate level for the new state pension – when compared to average earnings – and come up with new laws for how to get it to this level by a specific point in the future, instead of continuing with the triple lock.
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