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Public Backs Labour's Triple Lock Overhaul and Tory Inheritance Tax Cut

New polling indicates public support for Labour's proposed changes to the state pension triple lock and the Conservatives' pledge to scrap inheritance tax on family homes.

  • 44 per cent of voters support Labour's proposed change to the triple lock on pensions.
  • 55 per cent of voters back the Conservatives' pledge to remove inheritance taxes on family homes.
  • The City AM/Freshwater Strategy survey was conducted between 9 and 11 October 2026, interviewing 1,235 eligible UK voters.

New polling by City AM/Freshwater Strategy shows public backing for major policy announcements from both Labour and the Conservatives. Labour's proposed overhaul of the state pension triple lock has received support from 44 per cent of voters, while 24 per cent oppose the changes.

Under Labour's proposal, announced by Andy Burnham at the party conference, the state pension would rise by inflation or 2.5 per cent, or broadly equal wage growth over the long term. Government analysis suggests these changes could save approximately £15bn a year by 2040, with savings intended to fund a new National Care Service.

The Conservatives' pledge to remove inheritance taxes on family homes also garnered strong support, with 55 per cent of voters backing the policy. Economists estimate this policy would cost about £6bn. Even among Reform UK voters, 58 per cent supported the Conservative pledge, despite criticism from Robert Jenrick.

The survey also indicated that Labour holds 29 per cent of the vote share, with Reform UK at 23 per cent and the Conservatives at 22 per cent. Labour's pledge to create a free-at-the-point-of-use care service would make 33 per cent of people more likely to back Labour, while 20 per cent would be less likely, and 44 per cent said it would make no difference.

Why this matters: The polling reflects public opinion on significant policy proposals from the two largest parties, indicating voter sentiment following recent party conferences.

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