{"id":118871,"date":"2023-09-18T12:00:25","date_gmt":"2023-09-18T12:00:25","guid":{"rendered":"https:\/\/leviolonrouge.com\/?p=118871"},"modified":"2023-09-18T12:00:25","modified_gmt":"2023-09-18T12:00:25","slug":"labour-ducks-triple-lock-support-again-as-petition-tops-142000","status":"publish","type":"post","link":"https:\/\/leviolonrouge.com\/politics\/labour-ducks-triple-lock-support-again-as-petition-tops-142000\/","title":{"rendered":"Labour ducks triple lock support again as petition tops 142,000"},"content":{"rendered":"

Labour refuses to guarantee triple lock for pensions<\/h3>\n

The Daily Express Crusade to protect the pensions triple lock has seen a dramatic surge in support. More than 142,000 people have now signed a petition calling on ministers to honour the commitment.<\/p>\n

Numbers more than trebled yesterday in an overwhelming signal that protecting the guarantee for older people is vital.<\/p>\n

The groundswell of support was welcomed by campaigner Dennis Reed who organised the petition. Mr Reed, director of Silver Voices, said: \u201cWe have given it a push and people have responded.\u201d<\/p>\n

The huge backing came as Labour again refused to commit to the continuation of the triple lock, creating fresh uncertainty for millions of pensioners.<\/p>\n

Policy chief Pat McFadden admitted the party would need to look at the \u201cstate of the economy\u201d before making the key decision ahead of next year\u2019s general election.<\/p>\n

READ MORE <\/strong> Senior Peer warns the government to protect triple lock ahead of election<\/strong><\/p>\n

<\/p>\n

Last week his leader, Sir Keir Starmer, dodged calls to back the pledge, saying only that there would be a \u201cfair and decent pension\u201d if he becomes premier.<\/p>\n

The Tories and PM Rishi Sunak are also refusing to commit to including the triple lock in their election manifesto.<\/p>\n

Laura Kuenssberg, on her BBC Sunday morning politics show, pointed out that Labour\u2019s deputy leader Angela Rayner had also refused to commit to keep the triple lock in place. She asked Mr McFadden: \u201cWill the triple lock be in the Labour manifesto?\u201d<\/p>\n

Hinting that moves to retain it could now be reconsidered, he said: \u201cThe triple lock has raised pensions quite a lot in the last decade or so.<\/p>\n

\u201cAll of these big-ticket items are going to depend on the state of the economy at the time. And the manifesto will take that into account when the election comes, probably in a year\u2019s time.\u201d<\/p>\n

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<\/p>\n

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Mr McFadden said Labour were committed to the triple lock in this parliament, suggesting they would vote against the Government if they tried to change the formula this year.<\/p>\n

Mr Reed said: \u201cAt least the influential Mr McFadden confirmed that Labour would be supporting the triple lock this year and we will hold them to that if the Government tries to tamper with the formula. We can resume our battles on the contents of the 2024 manifestos once this year is settled.<\/p>\n

\u201cLabour\u2019s promise for this year leaves the Government isolated on this vital safeguard for older people and we urge Mr Sunak to stop dithering and put pensioners struggling with the cost-of-living crisis out of their state of acute anxiety over the future of the triple lock.\u201d<\/p>\n

The triple lock was brought in by David Cameron\u2019s Conservative government in 2010 after Labour had opposed it under Gordon Brown.<\/p>\n

The lock pegs increases to either 2.5 percent, wage rises or inflation \u2013 whichever is highest. Pensioners would be handed an 8.5 percent increase if the calculation is carried out in the way it has been since the lock was introduced.<\/p>\n

<\/p>\n

But now the Government is looking at saving hundreds of millions of pounds by stripping out public sector bonuses from the calculation to bring wage rises down to 7.8 percent. Bonuses have been included in the formula since the start.<\/p>\n

An 8.5 percent rise in the full new state pension would take it from around \u00a3204 per week to \u00a3221. The smaller rise of 7.8 percent would make it around \u00a3220. This works out at around \u00a375 per year.<\/p>\n

Mr Sunak suspended the formula two years ago after a quirk caused by the Covid crisis meant average earnings shot up. Instead, the state pension went up by just 3.1 percent.<\/p>\n

But Chancellor Jeremy Hunt listened to the 330,000 people who signed our petition last year to demand the lock be maintained.<\/p>\n

Calculations for next year will be made in the next few weeks with final confirmation likely to come in the Autumn Statement in November.<\/p>\n

Some senior Conservatives have called for the pledge to be ditched, arguing it is unsustainable, including former Tory leader William Hague. SNP Westminster leader Stephen Flynn has warned pensioners were \u201cbeing hammered by the Westminster cost-of-living crisis \u2013 with energy and food bills soaring\u201d.<\/p>\n

He challenged Scottish Labour leader Anas Sarwar to \u201ccome clean over whether Labour is secretly planning to scrap the triple lock.\u201d.<\/p>\n

In a letter to him, Mr Flynn wrote: \u201cWestminster is threatening to scrap the state pension triple lock. That much is crystal clear after the events of the last week.<\/p>\n

\u201cSadly, this threat isn\u2019t just coming from the current Tory Government, it is equally coming from your London bosses in Sir Keir Starmer\u2019s Labour Party. I questioned the Prime Minister on his party\u2019s commitment to maintaining the state pension triple lock beyond the next general election.<\/p>\n

\u201cHe blatantly and deliberately refused to give that guarantee. What\u2019s worse though, the Labour Party leadership \u2013 including Sir Keir Starmer \u2013 have also stubbornly refused to commit to the future of the triple lock.<\/p>\n

<\/p>\n

\u201cInstead of giving clear answers, Tory and Labour politicians have been dodging the issue all week.<\/p>\n

\u201cThose non-answers and that cowardly lack of clarity and commitment is causing deep and real concern for millions of pensioners. Pensioners on fixed incomes need certainty in their finances.<\/p>\n

\u201cBut by threatening the triple lock, that certainty is exactly what both the Labour and Tory parties are failing to give.\u201d<\/p>\n

That failure came on top of the UK already having one of the lowest state pensions in countries belonging to the OECD group of wealthy nations, he said.<\/p>\n

Mr Flynn added: \u201cDuring the course of this summer, you have quickly fallen into line when Sir Keir Starmer has decided to copy cruel Tory policies.<\/p>\n

\u201cThe public will not forgive Labour if it takes an axe to the triple lock.<\/p>\n

\u201cIt\u2019s time to come clean over whether the Labour Party is secretly planning to scrap the triple lock and impose real-terms cuts to Scottish pensions.\u201d<\/p>\n

Deputy leader of Scottish Labour Jackie Baillie said: \u201cThis is a pathetic and desperate intervention from a party with nothing to offer the people of Scotland.<\/p>\n

\u201cThe SNP\u2019s pipe-dream plans for independence would devastate the pensions of millions of Scots.<\/p>\n

\u201cNo amount of leaflets delivered by workers on exploitative zero-hours contracts will convince the people of Scotland that the SNP is anything but a busted flush.\u201d<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Labour refuses to guarantee triple lock for pensions The Daily Express Crusade to protect the pensions triple lock has seen a dramatic surge in support. More than 142,000 people have now signed a petition calling on ministers to honour the commitment. Numbers more than trebled yesterday in an overwhelming signal that protecting the guarantee for […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"yoast_head":"\nLabour ducks triple lock support again as petition tops 142,000 - leviolonrouge.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leviolonrouge.com\/politics\/labour-ducks-triple-lock-support-again-as-petition-tops-142000\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Labour ducks triple lock support again as petition tops 142,000 - leviolonrouge.com\" \/>\n<meta property=\"og:description\" content=\"Labour refuses to guarantee triple lock for pensions The Daily Express Crusade to protect the pensions triple lock has seen a dramatic surge in support. 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