State pension triple lock to be scrapped in 2030

The state pension triple lock is set to be replaced with a double lock system in April 2030 to help fund a new free social care service, prime minister Andy Burnham has announced. Burnham affirmed that he will stick to the 2024 Labour manifesto commitment to keep the triple lock in place for the rest of this parliament, but said he will “adjust” the promise if Labour win a second term in power. “I won't pretend some of this won't be difficult. I accept I may pay a political pri