Will the triple lock be scrapped? What we know ahead of Burnham’s major speech today

PoliticsBusiness & Finance
29 Sep 2026 • 4:23 PM MYT
The Independent
The Independent

The world’s most free-thinking newspaper

Will the triple lock be scrapped? What we know ahead of Burnham’s major speech today

  • Labour deputy leader Lucy Powell has insisted the government remains committed to the pension triple lock during this Parliament, but declined to rule out dropping it in the next manifesto.
  • The refusal comes amid growing speculation that a less generous pension system could be used to help fund free social care in England.
  • Andy Burnham is set to outline proposals at the Labour conference in Liverpool for social care reform, youth unemployment measures, and a new publicly-owned Great British Grid energy network.
  • Any social care reforms will not be introduced before the next general election, with proposals to be put to the public in Labour's next manifesto following a review by Baroness Louise Casey.
  • Unite union general secretary Sharon Graham warned that altering the triple lock to pay for social care would be morally wrong, arguing that funding should come from wealth taxes instead.

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