Hammond should use an interest rate rise to unpick triple lock on pensions
by Guardian Staff from on (#35QK7)
The chancellor must act in the name of fairness to younger people, and the budget would be the perfect moment to do so
As Philip Hammond prepares to defend his 12bn of welfare cuts in his autumn budget, pensioners can consider themselves lucky to be financially insulated.
While most people on low and middle incomes are finding their spending power squeezed by rising inflation and cuts to in-work benefits, the triple lock on pensions is safe.
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