Liz Truss had pledged state pensions would rise by 10.1% to increase with inflation but on Wednesday Rishi Sunak’s press secretary declined to commit to it.
"I'm not going to comment on what decisions are going to be made. The PM's only been in office for the last 24 hours." It is believed the policy will be set out in the autumn statement, which has now been pushed back from October 31 to November 17.Rishi Sunak's press secretary did not commit to a policy on pensions, benefits and inflation.Jeremy Hunt's key financial statement was delayed three weeks to allow for "difficult decisions" to be made about how to plug the £40 billion black hole in the country's finances.
"But it's also extremely important that that statement is based on the most accurate possible economic forecasts and forecasts of public finances. The value of the pound plummeted as economists were spooked by the government's plan to borrow more in order to fund tax cuts.
afneil The PM confirms in Parliament he backs the 2019 Manifesto. Then he backs the Triple Lock! Sept22 declaration 10.1% rise. He needs to find the £40 Billion black hole savings elsewhere in order to maintain his pledge.
We’ll see how tight lipped, won’t we 🤔
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