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Burnham Says UK Will Adjust Pensions Triple Lock From 2030
UK Prime Minister Andy Burnham said he'll honor the Labour Party's manifesto pledge to keep the pensions "triple lock" in the current parliament, and will adjust it in 2030. The triple lock has been in place since 2011, and guarantees that the state pension rises annually by the highest of inflation, wage growth or 2.5%. He made the comments at the Labour Party's annual conference in Liverpool. (Source: Bloomberg)
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