Triple pension lockdown fears as campaigners warn Tory promise could be broken

Dennis Reed, director of campaign group Silver Voices, which represents pensioners, has expressed concern that Liz Truss' "mismanagement" of the economy can pledge the restoration of the triple padlock in danger

The government has been warned not to abandon its triple lockdown commitment (

Image: PA)

Pensioners fear the government will back down on Liz Truss' promise to keep state pensions in line with soaring inflation.

Restoration of the triple lock was not included in Kwasi Kwarteng's mini-budget earlier this month, and yesterday a minister refused to commit to it in a live TV interview.< /p>

However, Chancellor Kwasi Kwarteng yesterday claimed the measure - which ensures state pensions rise by 2.5%, wages and inflation tops - will not be a victim of his plans expenses.

It is feared that the economic shock waves caused by massive tax cuts and huge borrowing could lead to a new wave of austerity.

Dennis Reed, director of campaign group Silver Voices, which represents pensioners, said: 'The triple lockdown is in real jeopardy because of the Truss government's mismanagement of the economy and its tax cuts unfair and unfunded for the rich.< /p>

"Right-wing think tanks like the Taxpayers Alliance are whispering in ministers' ears that it's time to abandon the triple lockdown for good.

“We hope the government keeps its promises to the state's 12 million pensioners or the cost of living crisis for the elderly will turn into a disaster.

Liz Truss pledged to restore the triple lock during her leadership campaign (

Picture:

Getty Images)

“If the manifesto promise to maintain the triple lock is broken again, it will be the death knell for the Tories when it comes to older voters.”

Yesterday Treasury Minister Chris Philp declined to confirm whether state pensions or benefits would be included in the spending plans.

The triple lockdown was suspended for a year following the Covid pandemic, but