UK PM Truss agreed pension commitment with finance minister – spokesman

LONDON, Oct 19 (Reuters) – British Prime Minister Liz Truss agreed with finance minister Jeremy Hunt a dedication to sustaining the so-called “triple lock” on pensions that ensures they rise no less than according to inflation, her spokesman stated.

Truss stated in parliament that she was fully dedicated to the triple lock. Earlier within the week, Hunt had stated spending would must be checked out as the federal government seeks to make cuts forward of a fiscal assertion on the finish of October.

“Our precedence within the run-up to the thirty first is to guard essentially the most susceptible. That features those that can not improve earnings by work, akin to pensioners. They’re in a novel place,” the spokesman advised reporters.

“She and the Chancellor have mentioned and agreed the place the prime minister set out… she wished to supply that reassurance.”

Requested if advantages would additionally rise by inflation, the spokesman declined to remark.

Reporting by Elizabeth Piper, writing by Alistair Smout; enhancing by William James

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