Yet another Budget item trashed by Liz Truss !!!

Discussion in 'U.K.' started by Vladimir Illich, Oct 19, 2022.

  1. Vladimir Illich

    Vladimir Illich Lifetime Supporter Lifetime Supporter

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    Twenty Four hours ago, a statement from the new Chancellor Jeremy Hunt, indicated that the triple lock on the increase in pensions and benefits would be scrapped.

    Today, Liz Truss has once again over-ruled her Chancellor and promised that the triple-lock for pensions remains. However, the same commitment has not been made for social security benefits !!!


    QUESTION : What will be sacrificed to pay for the even larger hole in the Government's finances following Liz Truss's promise ???


    Liz Truss news – live: Pension triple lock stays after Tory pressure on PM
    PM’s pledge contradicts chancellor’s message of keeping ‘everything on the table’ in search for spending cuts

    Stuti Mishra,Liam James,Zoe Tidman,Matt Mathers
    10 minutes ago
    273 Comments

    Liz Truss has contradicted her new chancellor Jeremy Hunt and announced pensions will rise in line with soaring inflation – after suggestions the pledge would be dumped.

    “I have been clear that we are protecting the triple lock on pensions,” the beleaguered prime minister told MPs.

    But, moments later, Ms Truss refused to make a similar commitment to increase benefits in line with inflation that has topped 10 per cent again.

    She declared the crucial “budget” on 31 October would “make sure that the most vulnerable are protected” – but declined to rule out a below-inflation rise next April.

    Earlier a Tory MP said the prime minister was in “the last-chance saloon” as he warned she might have to soon quit.

    Steve Double, who represents Newquay, is the sixth Conservative MP to publicly call for the prime minister to stand down.


    “I think her position is becoming increasingly untenable,” he told Times Radio.
     

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