‘Pensioners need protection’ Lord Cruddas calls for government to keep triple lock pledge | Political | news

I just returned from a three week business trip to Singapore, Sydney and Dubai.

This is my first business trip in three years due to the Covid-19 lockdown.

During my absence, the Prime Minister was changed without voting for members of the Conservative Party.

The Conservative Parliamentary Party appointed new Prime Minister Rishi Sunak and Jeremy Hunt as chancellor, despite both candidates being rejected in recent leadership campaigns by members of the Conservative Party.

In Jeremy Hunt’s case, twice, when he faced Boris Johnson in 2019, and then as Rishi Chung, he was first rejected by MPs in the Liz Truss victory.

In normal cases, a general election would quickly follow, and voters would be asked to decide who should run the country.

But before that Mr Sunak and Mr Hunt will deliver their Autumn Statement to the Great British Public on Thursday and expect us all to applaud them for doing what they can for the country in the absence of a mandate from Conservative Party members. Voters.

However, what makes it worse is that the Sunak/Hunt-led government is going to break the triple lock on pensions, which was first introduced by the Conservative/Lib Dem government in 2010 and has been a flagship Conservative policy.

The triple lock is a guarantee that state pensions are protected against inflation. That’s why I’m supporting the Daily Express campaign to stop the government breaking the Mupuri lock and imposing less than inflation-linked rises on state pensions.

Rumors are rife because inflation is currently ten per cent and this means state pension costs for the government will increase by up to £25 billion. their state pension.

But the high cost of inflation is not the fault of pensioners, if anything, they are the biggest victims of high inflation as most of their income is cut after they finish work.

Not only this, over the past few years, the retirement age has been pushed back a few years, so people have to work longer before retiring.

Often, they go for smaller properties to minimize exits and in many cases release some capital so they can help their children and grandchildren climb the property ladder. They are the salt of the earth and we should respect them.

Why should any government even think of punishing the people who helped build this country when they have to do the opposite?

Pensioners who have worked hard all their lives should not have their standard of living reduced as the government says they will be able to live a good retirement and enjoy the last years of their lives.

Yet the government can afford to spend more than £1.5 billion a year on housing illegal immigrants, paying their bills, giving them free cash payments and staying in five-star hotels.

Following the Prime Minister’s visit to COP27, this Government has committed £11.6 billion to our commitment to climate change.

There is even talk of climate change compensation for poor countries.

If this government breaks the tri-junction, the common people, up and down the country, will say that this government does not support its government.

It pays billions to other countries and illegal immigrants and slashes pensions to find the money.

If this government breaks the Mupuri lock, they should hang their heads in shame for abandoning our beloved pensioners when they need the government the most.

I urge this government to maintain the triple lock and support our pensioners in their hour of need.

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