oh the grey vote. Its amazing how well older people absolutely dont tolerate messing with pensions, and good bloody luck to em too
this post was submitted on 14 Sep 2023
17 points (100.0% liked)
United Kingdom
4068 readers
275 users here now
General community for news/discussion in the UK.
Less serious posts should go in [email protected] or [email protected]
More serious politics should go in [email protected].
Try not to spam the same link to multiple feddit.uk communities.
Pick the most appropriate, and put it there.
Posts should be related to UK-centric news, and should be either a link to a reputable source, or a text post on this community.
Opinion pieces are also allowed, provided they are not misleading/misrepresented/drivel, and have proper sources.
If you think "reputable news source" needs some definition, by all means start a meta thread.
Posts should be manually submitted, not by bot. Link titles should not be editorialised.
Disappointing comments will generally be left to fester in ratio, outright horrible comments will be removed.
Message the mods if you feel something really should be removed, or if a user seems to have a pattern of awful comments.
founded 1 year ago
MODERATORS
Imagine the changes we could make if young people voted in the same numbers that the pension age folk did.
If they're absolutely convinced they can't possibly win the next general election then why not make old, poor people even poorer? All the old people who actually matter don't rely on the state pension; they have private pensions, stocks and shares, peerages, etc. anyway.
And Labour probably won't reverse it because it will be too expensive.
This is the best summary I could come up with:
The future of a policy that had become a hallmark of recent Conservative governments appeared in doubt after Rishi Sunak three times refused to commit to retaining it at the next election.
Sunak set hares running in his final Commons performance before party conference recess, when he was quizzed about the future of the triple lock, which guarantees pensions will rise by the higher of average earnings, inflation or 2.5%.
Some senior Tories are privately pushing for a change, fearing that its future is unsustainable on the basis that pensions are expected to rise in April 2024 faster than wages because of a delay in tracking earnings versus inflation.
After William Hague, the former Tory leader and Sunak’s former mentor, argued for a rethink, further pressure on the centre-right grew on the prime minister.
David Gauke, the former work and pensions secretary, told the BBC there would have to be “tough choices” in the face of strained public finances.
And Rupert Harrison, who sits on the government’s economic advisory council, said there should be “an independent review with cross-party support” concluding after the next election on the future of pension rises.
The original article contains 561 words, the summary contains 191 words. Saved 66%. I'm a bot and I'm open source!