UK minister says pretty sure pension ‘triple lock’ will stay

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LONDON (Reuters) – Britain’s business minister Kwasi Kwarteng said on Monday he was “pretty sure” the so-called ‘triple lock’ system for increasing state pensions would not be changed to pay for the cost of dealing with the COVID-19 pandemic.

“Lots of things have been discussed in government, I don’t think that that’s necessarily the way forward,” Kwarteng told Sky News. “I’m pretty sure the triple lock will stay.”

(Reporting by Guy Faulconbridge; writing by Michael Holden; editing by Alistair Smout)



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