Rishi Sunak pledges ‘Triple Lock Plus’ pension allowance | Vote 2024

The prime minister has unveiled a £2.4bn pound tax break for pensioners.

The original triple lock pension policy was introduced by the Conservative and Liberal Democrat coalition government in 2010 to tackle pensioner poverty.

Currently, pensioners can receive up to £12,750 a year of their pensions before they start paying income tax – the same figure applies to the personal allowance for those who work.

The new “Triple Lock Plus” policy would see the allowance rise in line with whichever is highest: average earnings, inflation or 2.5%.

Labour said the plan was “another desperate move” by the Tories.

#targettowns #vote24 #election #keirstarmer #rishisunak

Read more: https://news.sky.com/topic/general-election-2024-11175

#sirkeirstarmer #rishisunak #generalelection2024

SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
Follow us on TikTok: https://www.tiktok.com/@skynews

For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB

Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/

Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog

To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales

Source