Reacting to the announcement that the triple lock on pensions has been scrapped for the next year, Liberal Democrat Spokesperson for the Treasury Christine Jardine said: “Another day, another broken Tory promise. With two million pensioners living in poverty, the triple lock was their guarantee that they wouldn’t have to face the old days of 75p rises.
“Now it’s gone. Even if this Government says it’s a temporary move, how can pensioners have any faith that this is the one promise they will keep?
“Liberal Democrats demand that the Government doesn’t leave pensioners living in poverty high and dry. The triple lock offers them vital protection – we cannot abandon them.”