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Sunak Hints U.K. Government May Drop Pensions Triple Lock
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The BBC story: https://www.bbc.co.uk/news/business-57762787
So the part of the triple-lock that relates to salary growth is simply measuring the difference between date X on subsequent years, is that right? So the high salary growth is the recovery from depressed levels during Covid, e.g. if salaries fluctuated 10% up then down every 2 years this would be a recurring problem?
On that basis it makes total sense to break the lock BUT can you imagine the frothing on FB and in the news? Rishi could lose all this popularity he gained, for making an obviously sensible decision.Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishing -
Even as an old fart I don't see a good reason for this triple lock thing. Nor that annual heating allowance.bloggoth
If everything isn't black and white, I say, 'Why the hell not?'
John Wayne (My guru, not to be confused with my beloved prophet Jeremy Clarkson)Comment
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Originally posted by d000hg View PostThe BBC story: https://www.bbc.co.uk/news/business-57762787
So the part of the triple-lock that relates to salary growth is simply measuring the difference between date X on subsequent years, is that right?Comment
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Originally posted by xoggoth View PostEven as an old fart I don't see a good reason for this triple lock thing. Nor that annual heating allowance."Being nice costs nothing and sometimes gets you extra bacon" - Pondlife.Comment
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Originally posted by DaveB View Post
The "good reason" is that it keeps the pensioners voting Tory. Remember the hysteria over the "Corbyn will take your pension" stories at the last GE?
Vote Tory - we're bad, but it could be worseI am what I drink, and I'm a bitter manComment
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Originally posted by xoggoth View PostEven as an old fart I don't see a good reason for this triple lock thing. Nor that annual heating allowance.
https://researchbriefings.files.parl...90/SN00290.pdf"A people that elect corrupt politicians, imposters, thieves and traitors are not victims, but accomplices," George OrwellComment
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Originally posted by xoggoth View PostEven as an old fart I don't see a good reason for this triple lock thing. Nor that annual heating allowance.
"You’re just a bad memory who doesn’t know when to go away" JRComment
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Manifesto promise - should be automatically triggering new election with party leadership who broke promise going to jail for 10 to lifeComment
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Originally posted by AtW View PostManifesto promise - should be automatically triggering new election with party leadership who broke promise going to jail for 10 to life
"You’re just a bad memory who doesn’t know when to go away" JRComment
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