IEA Economics Fellow, Julian Jessop, welcomed the suspension of the triple lock pension this year, arguing it is “unsustainable” in the long-term and puts huge pressure on the public finances. Quoted in the Daily Express, Julian said: “The triple lock is not sustainable in its current form, because of the way it is designed. Pensioners get all the upsides when the economy is strong, but don’t get the downsides“.

Read Julian’s full comment here.