Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what discussions he has had with the Secretary of State for Work and Pensions on maintaining the triple lock on the state pension.
The Chancellor of the Exchequer has regular discussions with the Secretary of State on a range of issues. In response to the unprecedented economic circumstances arising from the Covid 19 pandemic, the Government has taken action by introducing a Bill in Parliament to ensure we can increase State Pension and Pension Credit rates next year. Without this legislation, it would not have been possible to increase the State Pension in 2021/22.
As with all aspects of Government policy, any decisions on future changes to the Triple Lock will be taken as part of the annual Budget process in the context of the wider public finances.