The triple lock is a government promise to raise publicly funded pensions by the level of average earnings, inflation, or 2.5%, whichever is the highest. A report by the Institute for Fiscal Studies said its cost could reach between an additional £5bn and £45bn a year by 2050.
Speaking to Sunday Morning with Trevor Phillips, party leader Ed Davey said 'the Lib Dems first came up with the triple lock'.
Politics latest: https://news.sky.com/story/politics-latest-tories-seize-on-starmers-eu-comments-after-sky-revelation-labour-vows-stability-fiscal-reforms-12593360#6481172
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Speaking to Sunday Morning with Trevor Phillips, party leader Ed Davey said 'the Lib Dems first came up with the triple lock'.
Politics latest: https://news.sky.com/story/politics-latest-tories-seize-on-starmers-eu-comments-after-sky-revelation-labour-vows-stability-fiscal-reforms-12593360#6481172
#pensions #eddavey #skynews
SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
Follow us on TikTok: https://www.tiktok.com/@skynews
For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB
Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/
Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog
To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales
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