Pension Tension: End of the Triple Lock?
Newscast
BBC
4.3 • 6.6K Ratings
🗓️ 12 September 2023
⏱️ 32 minutes
🧾️ Download transcript
Summary
The state pension is likely to rise by 8.5% in April because of the ‘triple lock’. The policy means that the value increases in line with average earnings, inflation or 2.5% - whichever is highest. Adam and Chris are joined by our Economics Editor Faisal Islam and Jonathan Cribb from the Institute for Fiscal Studies to explore the ramifications.
Google has been in court for a trial brought by the US government. The company has been accused of ‘hobbling rivals’ to dominate the search market. The BBC’s Zoe Kleinman talks us through the stakes.
And Europe Editor Katya Adler is on to discuss what she learned whilst making her new documentary, 'Living Next Door to Putin'.
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Today's Newscast was presented by Adam Fleming. It was made by George Dabby with Stephanie Mitcalf and Keiligh Baker. The technical producer was Gareth Jones. The senior news editors are Jonathan Aspinwall and Sam Bonham.
Transcript
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| 0:00.0 | BBC sounds, music, radio, podcasts. |
| 0:04.8 | Hello, and hello to economic editor of Faisal Islam. |
| 0:08.2 | Hello. |
| 0:09.2 | Do you have a name for the kind of day you've had |
| 0:11.1 | where there's just a huge dump of economic data? |
| 0:14.0 | It's like every day. |
| 0:15.8 | In the day that was extra. |
| 0:17.1 | There was extra. |
| 0:18.1 | No, there was. |
| 0:18.9 | And it was all slightly going in different directions |
| 0:20.7 | at the same time. |
| 0:21.7 | There was a theme for this that Mervyn King, |
| 0:23.4 | the former economic governor, once called it disco dancing |
| 0:26.5 | data, all going in random directions |
| 0:28.6 | and no clear pattern. |
| 0:30.4 | And this was your own dancing. |
| 0:32.5 | This felt like this. |
| 0:33.8 | Exactly. |
| 0:34.8 | Exactly. |
| 0:36.2 | So yes, kind of, that was what it felt like today. |
| 0:40.3 | But there is one figure in particular |
| 0:41.8 | that has kind of leapt out and to the top of the news agenda. |
... |
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