Actor Ricky Tomlinson has thrown his weight behind Age UK's campaign to reinstate the state pension triple lock, ahead of the Chancellor's Autumn Statement. The triple lock, which was suspended in 2022, guarantees that pensions rise by whichever is highest: inflation, earnings growth, or 2.5%. This means that pensioners receive a guaranteed increase in their pension each year, helping to protect them from the rising cost of living.
Mr Tomlinson, best known for his roles in The Royle Family and Mike Bassett: England Manager, has spoken out in support of Age UK's It Doesn't Add Up campaign, which aims to pressure the Government into reinstating the triple lock. The campaign argues that the suspension of the triple lock has left pensioners struggling to make ends meet, with many facing a significant reduction in their pension income.
According to Age UK, the suspension of the triple lock has resulted in a 3.1% reduction in state pensions in 2022-23, affecting over 12 million people. The organisation estimates that reinstating the triple lock would cost around £8 billion, but argues that this is a small price to pay for protecting the most vulnerable members of society.
The Chancellor's Autumn Statement is due to take place soon, with the triple lock expected to be discussed. The Government has been under pressure to reinstate the triple lock, with many MPs from across the parties calling for its return. The Labour Party has pledged to reinstate the triple lock if they come to power, while the Liberal Democrats have also expressed support for the campaign.
Mr Tomlinson's support for the campaign is a significant boost to Age UK's efforts. The organisation is urging the public to sign its petition and write to their MPs to demand that the triple lock is reinstated. With the Chancellor's Autumn Statement looming, the clock is ticking for pensioners who are relying on the Government to take action.