PENSION UP TORIES LET YOU DOWN

Threat to dilute triple lock rise

- GRAHAM HISCOTT

MILLIONS of older people risk being up to £74 a year worse off if the Tories water down a state pension hike next year.

The benefit for 12million pensioners is due to rise by 8.5 per cent in April under the triple lock pledge.

This is supposed to mean the state pension increases in line with whichever is highest out of average wage growth, inflation or 2.5 per cent. Wages are currently outstripping inflation, at 8.5 per cent including bonuses.