Pension triple lock must be scrapped as £85bn cost surge threatens tax hikes and cuts, warns Blair think tank

Pension triple lock must be scrapped as £85bn cost surge threatens tax hikes and cuts, warns Blair think tank

THE TRIPLE lock must be scrapped as pension costs are set to soar by £85billion a year, Sir Tony Blair's think tank has warned. The Tony Blair Institute says the current system is becoming unsustainable as Britain’s ageing population drives up spending. There are already 12.6 million pensioners, with numbers expected to hit nearly 19...

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