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Triple lock

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Triple lock: a policy guaranteeing that UK state‑pension benefits rise each year by the greater of inflation or average earnings growth. In a BBC interview on 20 October 2026 Kemi Badenoch said she would not accept cuts to the triple lock, stating that reducing it would risk ‘pensioner poverty’. She suggested other spending‑saving measures instead. Triple lock formula increases United Kingdom state pension. Triple lock formula carries cost to United Kingdom government. The triple lock policy mandates that the state pension will increase in line with average wage increases (3.9 %) Burnham pledged to reform the existing state pension triple lock· Entity summary generated by Graphiti

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Relation timeline

BY VALID-FROM DATE
  1. Andy BurnhamREFORMEDTriple lock

    Burnham pledged to reform the existing state pension triple lock

    Current1 sourceAndy Burnham
  2. Triple lockAFFECTSUnited Kingdom state pension

    The triple lock policy mandates that the state pension will increase in line with average wage increases (3.9 %)

    Current1 sourceUnited Kingdom state pension
  3. Triple lockINCREASESUnited Kingdom state pension

    Triple lock formula increases United Kingdom state pension.

    Current2 sourcesUnited Kingdom state pension
  4. Triple lockCARRIES COST TOUK government

    Triple lock formula carries cost to United Kingdom government.

    Current1 sourceUK government

Relations are facts Graphiti extracted from reports, not verbatim quotes. An end date means later reporting showed the relation no longer holds.

Events 4

Source reports 4