Original triple lock was designed to lift pensioners out of poverty but OBR says it contributes to unsustainability of public finances The prime minister has announced that the pensions triple lock will be scrapped in its current form, to partly fund a national care service. Continue reading...
Will pensioners be poorer as a result of Burnham scrapping the triple lock?
Source: The Guardian
Original reporting
The Guardian: read the full reportFollow this story
Earlier reports and follow-ups on the same developing story.
- Burnham to signal willingness to look at scrapping pension triple lock to fund social care
- Burnham says he would put PR in Labour manifesto and scrap triple lock to fund social care – as it happened
- Burnham vows to end existing pension triple lock in 2030 to help fund care
- Voters back Burnham’s plan to cut back triple lock to fund social care reform by 48% to 28%, poll suggests – as it happened
- Flipping public opinion on the triple lock was Burnham magic – he’ll need more of it to see his social care plans through | Polly Toynbee
- Burnham plans to pass law scrapping pension triple lock before next election
Related stories
CNBC
SpaceX loses bid to toss NAACP lawsuit over Memphis data center air pollution
The Colossus data centers and a power plant that SpaceXAI is also building in Southaven, Mississippi, have faced community backlash for years.
CNBC
Trump defamation suit against Murdoch, WSJ over Epstein letter dismissed with prejudice
CNBC
OpenAI pares fundraising goal, now seeking up to $20 billion in latest round
The funding round is still in progress and has not closed, so the figures are subject to change, a person directly familiar with the deal told CNBC.
CNBC
Binance says 90% of $6.3 billion hack losses are now covered, plans to resume withdrawals Sunday
Binance says it has restored backing for 90% of assets affected by its $6.3 billion hack and is planning to resume withdrawals, subject to security checks.
CNBC2 outlets
Binance, crypto and hacks: What to know about keeping coin safe as cyber criminals advance
The Binance hack of $6.3 billion, the largest crypto theft ever, is a wake-up call for investors to understand how coin is guarded and the risk of losing it.
The Guardian
A-listers and AI stylists: how high-street brands are staging a fashion comeback
Gap, M S, Topshop and more are taking a leaf from luxury label playbooks to satisfy savvier generation of shoppers High street brands that boomed in the noughties before the squeeze of both sustainably minded consumers and the rise of ultra-cheap online labels are staging a comeback. This time, rather than focusing solely on trend-led affordable designs, the names familiar to any shopper are courting luxury fashion, A-list collaborations and enhanced services in an attempt to engage consumers. Continue reading...