Pensions: Minister unable to clarify on the triple lock 

By sandhya

October 20, 2022

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SSA

State pensions are due to rise by almost 10% in April 2023, taking the weekly payment from £185.15 to more than £200.

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But the funding formula that guarantees those increases — known as the "triple lock" — could be eliminated to make savings. 

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It comes as Liz Truss prepares to face MPs at Prime Minister's Questions.

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It was the first time the prime minister faced questions from MPs after nearly the entire financial gram was scrapped by new chancellor Jeremy Hunt on Monday.

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She sat in silence on Tuesday as Mr. Hunt laid out his plans in the Common

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And calls from the opposition to answer questions were ignored.

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The PM's team hopes her engagement with MPs this week has warmed and her position has improved

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Ms. Truss is still under severe pressure as her authority weakens after abandoning her flagship policies. 

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