Responding to Reform UK’s announcement on retaining the pension triple lock, CPS Head of Economic & Fiscal Policy, Daniel Herring said:
‘Reform’s commitment to the triple lock is disappointing for a party that promised radical change. By 2070, the OBR projects that pension spending will have risen from 5.1%% to 7.8% of GDP. Spending on pensions, along with spending on the NHS and working age and child welfare, is on an unsustainable trajectory and no party is willing to tell the truth about how much this will cost the country.’
ENDS
NOTES TO EDITORS
- For more information, please contact Melisa Tourt on 07399251110 or melisa@cps.org.uk
- The Centre for Policy Studies is one of the oldest and most influential think tanks in Westminster. With a focus on taxation, economic growth, housing, immigration, and energy abundance, its goal is to develop policies that widen enterprise, ownership and opportunity.
Date Added: Thursday 2nd April 2026
