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UK. Chancellor Rishi Sunak hints at ruling out 8% pension rise
The chancellor has given his strongest indication yet of ruling out a predicted 8% rise in the state pension next year.
Official forecasts suggest that the link with earnings growth could mean the bumper rise in the amount paid from April 2022.
Rishi Sunak told the BBC a decision on pensions would be “based on fairness for pensioners and for taxpayers”.
Various commentators have called for an overhaul of the rules.
However, groups representing older people say the government’s promises to pensioners should remain.
Mr Sunak told BBC Radio 4’s Today programme: “The triple lock is government policy but I recognise people’s concerns about what that might mean, given some of the numbers that are being put around.
Read more @BBC
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