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Downing Street hints pensions triple lock will be watered down

Boris Johnson’s spokesperson has said there are concerns about tying state pensions rise to earnings

Downing Street has given its strongest signal yet that the pensions triple lock will be watered down because of the recent surge in average earnings, which under current rules would deliver a rise of more than 8% for pensioners next year.

Boris Johnson’s spokesperson said on Wednesday there were concerns about linking the rise in state pensions to earnings.

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