End of triple lock: What is the double lock and will it work?

Andy Burnham has pledged to replace the existing triple lock on state pensions with a double lock in Labour’s next manifesto. This strategic shift aims to secure funding for a new National Care Service. Burnham confirmed that the current triple lock mechanism will remain active for the rest of this parliament. Faisal Islam described the move as significant but noted it represents a gamble, as Burnham has progressed further than seeking a political consensus on the issue.