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We'll Make The Triple Lock Permanent': Lib Dems Promise Bigger State Pension Rises For Life If They Are Involved In Next Government

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The Liberal Democrats has pledged to enshrine the state pension 'triple lock' in law if it is to be part of a future coalition government, giving retirees a guaranteed annual rise of at least 2.5 per cent.

Both the Conservatives and Labour have said they will keep the triple lock after the next election, meaning state pension payouts will increase by the highest of inflation, average earnings or 2.5 per cent.

But pensions minister Steve Webb has said his party would put pensions are the heart of any future coalitions, and has vowed not just to keep the triple lock, but to write it into law.

**Libdems pledge**... Hmm, now where have we heard that before :D

http://www.thisismoney.co.uk/money/pensions/article-2673985/Lib-Dems-pledge-make-state-pension-triple-lock-permanent.html

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UK is still running ~7% deficit, gov debt heading for 100% GDP and we're still in Gordon Brown mode.

After 2007, the UK had a choice:

1) UK pols reduce the spend themselves, allowing them to choose whats important or not.

2) The outside creditors, via the IMF, will do it for them.

Well, we're still giving pensioners in SPain winter feul, letting them ride the buses for free, paying 50% of parents to pretend to work for16h and topping the money up.

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Going for the boomer vote after lying to the youngens.

Theyre a dead party thankfully, now all we need is for the LABCON part of the party to die off.

Based on their form with the students the boomers would be foolish to vote for them, as they`d probably scrap the pension if they got in.

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UK is still running ~7% deficit, gov debt heading for 100% GDP and we're still in Gordon Brown mode.

After 2007, the UK had a choice:

1) UK pols reduce the spend themselves, allowing them to choose whats important or not.

2) The outside creditors, via the IMF, will do it for them.

Well, we're still giving pensioners in SPain winter feul, letting them ride the buses for free, paying 50% of parents to pretend to work for16h and topping the money up.

7% is just the primary fiscal deficit. The total fiscal deficit (primary deficit + annual debt interest) is nearly 11% of GDP, essentially unchanged from 2009-10 the year Osborne took over.

Five years of spending like Latin American Marxists...

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How about we promise to cut the pension to £100 a week but you get it at 60.

These increases simply mean they will keep pushing back the age anyone can get the pension.The paying more but making you wait longer is a disaster for ordinary working people in manual jobs.

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How about we promise to cut the pension to £100 a week but you get it at 60.

These increases simply mean they will keep pushing back the age anyone can get the pension.The paying more but making you wait longer is a disaster for ordinary working people in manual jobs.

Theyll be going on the sick long before retirement age.

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How about bringing in CI and let the oldies have the same basic income as every other adult? If they want more for their retirement, they can make their own provisions during their working life.

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7% is just the primary fiscal deficit. The total fiscal deficit (primary deficit + annual debt interest) is nearly 11% of GDP, essentially unchanged from 2009-10 the year Osborne took over.

Five years of spending like Latin American Marxists...

Debt interest lower than most of the Thatcher govt, similar to the Major govt, but higher than the Blair/Brown govt (obviously, 'cause the City transferred their collapsed banks, RBS/Bank of Scotland, onto the taxpayer)

I doubt you'd call Thatcher a Latin American Marxist though would you?

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7% is just the primary fiscal deficit. The total fiscal deficit (primary deficit + annual debt interest) is nearly 11% of GDP, essentially unchanged from 2009-10 the year Osborne took over.

Five years of spending like Latin American Marxists...

Can you quote your source for these numbers please?

OBR has current year's deficit at 5.5% of GDP. £95.5bn. That includes the debt interest of £52.1bn out of total spending of £732bn and receipts (excluding the transfer of interest payments from the BoE on the £375bn QE) of £636.5bn

So debt interest = c.3% of GDP

Deficit - debt interest = c. 2.5% of GDP not 11% of GDP as you've quoted.

Source: Pages 3,4,5,6 of the OBR's Brief Guide to the Public Finances dated 23rd April 2014

http://budgetresponsibility.org.uk/brief-guide-public-finances-2/

Would be very interested to read your source since clearly your numbers are nowhere near those of the OBR.

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Durham born......

Well, I`m just coming up to 55 and have £55,000 which would be enough to see me through to 66 (retirement age for me)

Already off sick.(but benefits are running out)

Can I live on £100 a week? Suppose so.

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Going for the boomer vote after lying to the youngens.

Theyre a dead party thankfully, now all we need is for the LABCON part of the party to die off.

That is under way now with the ever widening and highly toxic Westminster Paedophile scandal. Can Labour come out as the cleanest? Or will the 2015 election be fought between Nigel Farages's UKIP and Lord Biro's Bus Pass Elvis Party?

There may have been establishment cover-up of child abuse claims to 'protect the system', says Lord Tebbit

  • Ex-Tory party chairman says it was 'more important to protect the system'
  • Says it was 'spectacularly wrong' because the abuses have 'grown'
  • Government says 114 secret files on paedophile cases have gone missing
  • Four new cases of alleged child abuse are to be investigated by the police
  • Top lawyer to investigate handling of dossier alleging paedophile activity
  • Dossier was passed to Home Secretary Leon Brittan but subsequently lost

By Matt Chorley, Mailonline Political Editor

Published: 09:10 GMT, 6 July 2014 | Updated: 12:25 GMT, 6 July 2014

Read more: http://www.dailymail.co.uk/news/article-2682151/There-establishment-cover-child-abuse-claims-protect-says-Lord-Tebbit.html#ixzz36hCCGOFk

Follow us: @MailOnline on Twitter | DailyMail on Facebook

Leon Brittan is quizzed over teen rape claim: Ex-Home Secretary accused of attacking student in his flat
  • Former Home Secretary questioned by police over claims he raped student
  • Assault alleged to have taken place at Brittan's central London flat in 1967
  • Brittan - who would have been in his late 20s - said to strongly deny claim
  • Scotland Yard confirmed man in his 70s was 'interviewed under caution'
  • It comes as a Labour peer is investigated over 'sex attacks on children'

By Ian Gallagher and Simon Walters

Published: 23:29 GMT, 5 July 2014 | Updated: 10:02 GMT, 6 July 2014

Labour peer accused of 12 attacks on boys

A Labour peer is being investigated by police after 12 men made allegations of historical child abuse against him, The Mail on Sunday can reveal.

Sources close to the investigation last night said that the ‘horrific’ allegations include rape and serious sexual assault.

It is understood the alleged abuse took place over several decades. The Mail on Sunday has chosen not to name the peer being investigated.

Read more: http://www.dailymail.co.uk/news/article-2681909/Leon-Brittan-quizzed-teen-rape-claim-Ex-Home-Secretary-accused-attacking-student-flat.html#ixzz36hD6n8JE

Follow us: @MailOnline on Twitter | DailyMail on Facebook

Edited by Take Me Back To London!

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How about bringing in CI and let the oldies have the same basic income as every other adult? If they want more for their retirement, they can make their own provisions during their working life.

ermm - this is already what happens

there is the basic state pension and any top ups are either company pensions, private pensions or SERPs / sp2 (which are contribution based - you put the money in and get something out - allegedly)

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ermm - this is already what happens

there is the basic state pension and any top ups are either company pensions, private pensions or SERPs / sp2 (which are contribution based - you put the money in and get something out - allegedly)

Except for the normal person it doesn't work that way as any income form private pensions is pension credit lost.

It would be nice to see the populace wake up to this and all opt out of the new automatic enrollment.

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Unemployed single guy almost a year from retirement age = lazy scrounger.

Same guy a year later = poor pensioner even though he has more income.

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