Chancellor Rachel Reeves appeared before MPs today at a hearing of the House of Commons Treasury select committee

The Chancellor has delivered a clear verdict on the triple lock's future at a hearing of MPs. Rachel Reeves appeared today at the House of Commons Treasury select committee.

She faced a number of questions during her appearance about the Budget , future tax rises and many other issues. But one simple query in particular stood out.

Speculation has been mounting that ministers might shift to a so-called “Single Lock”, using only one benchmark to set future increases, in order to make savings. Some economists and think tanks have argued that the Triple Lock will have to go to ensure the State Pension remains affordable for the government. Others have suggested bringing in

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