David Vance SubstackRead More
I see that Reform are under attack because Nigel Farage has come out and said that if elected, his Party would maintain that which is known as “the triple lock”! Can I just say that I TOTALLY support this position and I will give you THREE reasons why this is ethical AND good economics.
But first, let’s remember what the triple lock actually is.
The UK state pension triple lock—guaranteeing annual increases by the highest of inflation, average earnings growth, or 2.5%—protects pensioners’ living standards amid rising costs. Retaining it addresses key economic and social priorities for pensioners who often rely heavily on this income.
It came into being in 2010-2011 under the Conservative-Liberal Democrat coalition government led by David Cameron and Nick Clegg. It was introduced to reverse the pension’s relative decline against earnings and ensure it kept pace with living costs.
Here’s WHY Nigel Farage is right to stick with it;
