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Sunak: Budget Before Next Spring, Pensions 'Triple Lock' Safe

UK

Speaking to LBC's Nick Ferrari, Chancellor of the Exchequer Rishi Sunak has stated that he will deliver a full Budget statement by next Spring, saying it 'won't be within this calendar year, but has to be before the end of the financial year,'

  • When asked whether the state pension 'triple lock' (an increase each year of whatever is highest: inflation, average earnings growth, or 2.5%) is safe he replied 'yes'.
  • However when asked about keeping fuel duty at current levels he replies that he 'cannot comment on future tax policy'.

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