The Triple Lock Explained: Can Britain afford it?

From the creator

The state pension is likely to rise by 4.7% in April, after the latest official figures showed this was the pace of wage growth. The pension is determined by the triple lock, which means it will rise every year by whichever is highest: inflation in September, average weekly earnings from May to July or 2.5%. Sky's Economics and Data Editor Ed Conway looks at what the cost of the triple lock is going to be for the UK. Read more: https://news.sky.com/story/state-pension-likely-to-rise-by-4-7-after-latest-figures-13431979 #edconway #ukeconomy #statepension2025 SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/ To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales

Published 2025-09-16 · Watch on YouTube ↗
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