This week, over 12 million pensioners saw their state pension rise by up to £575 a year, as the weekly payments increased by 4.8 per cent under the triple lock guarantee. The guarantee, which ensures ...

The end of the triple lock pension could come as soon as 2030 due to the increasing cost to the public purse, experts have warned. Politicians will probably have to scrap their commitment to the lock ...

The triple lock increases some benefits payments by inflation, earnings or 2.5%, whichever is highest. Max_Z / Shutterstock The pensions triple lock was first introduced in the June 2010 budget. It ...

The UK state pension increases each year under the triple lock, in an attempt to prevent it from losing value in real terms. Under the mechanism, millions see their payments rise by the highest out of ...

The state pension triple lock plus was one of the Conservative Party's first policy announcements of the 2024 general election campaign. A key commitment in Prime Minister Rishi Sunak’s manifesto, the ...