Badenoch explains what the Tories would do with the state pension triple lock

• Conservative leader Kemi Badenoch has admitted it would be difficult to restore the pension triple lock if Labour alters the policy and spends the money elsewhere.
• Prime minister Andy Burnham plans to sever the triple lock's automatic connection to average earnings growth from 2030, linking state pensions to CPI inflation or 2.5 per cent.
• Savings from the reform, estimated at £15bn a year by 2040, are intended to fund a new free social care system.
• Mrs Badenoch insisted the triple lock remains Conservative policy but refused to promise a reversal of Labour's legislation without knowing the future financial picture.
• Modelling suggests the changes could leave the state pension £5,400 a year lower in 20 years compared to the existing mechanism.

IN FULL

Kemi Badenoch admits it would be ‘difficult’ to reinstate triple lock if Andy Burnham scraps pension policy