Dame Karen Bradley, Member of Parliament for Staffordshire Moorlands has welcomed the Conservative Government’s honouring of the Triple Lock, boosting the state pension by £900 a year for 24,313 pensioners in Staffordshire Moorlands.
By sticking to the plan, and more than halving inflation from 11.1 per cent to 3.4 per cent, the Conservatives have been able to uprate pensions by 8.5 per cent for people across the Moorlands. This follows a record 10.1 per cent increase in 2023-24.
Since the Conservatives came to power in 2010, and introduced the Triple Lock, the state pension has increased by over £3,700, helping to lift 200,000 pensioners out of poverty and ensuring pensioners have dignity and respect in old age.
The uprating of the state pension is in addition to further support pensioners receive such as Winter Fuel Payments and Cold Weather Payments to support with energy bills.
The Conservatives have also confirmed the Triple Lock will be in their upcoming manifesto.
Commenting, Karen said:
“The Conservatives introduced the Triple Lock in 2011 to ensure pensioners receive dignity and respect in old age. I am delighted the Conservative Government will boost the state pension by £900 this year, increasing the income of 24,313 pensioners in Staffordshire Moorlands.
“I will also be hosting my Pensioners Information & Advice Fair at Biddulph Town Hall on Friday 3rd May from 10.00 – 12.00 and hope that many local residents will come along to find out about some of the great services we have here in the Moorlands.”
Commenting, Chancellor of the Exchequer, Jeremy Hunt MP said:
“Because we stuck to the plan, the economy has turned a corner – inflation has fallen from 11.1 per cent to 3.4 per cent, wages are rising, mortgage rates are starting to come down and debt is on track to fall as a share of the economy.
“That is why this April we are cutting the double tax on work, putting £900 back in the pockets of the average worker, freezing business rates, boosting pensions, cutting the cost of childcare and delivering a record increase to the National Living Wage.
“By sticking to the plan, the Conservatives will deliver a stronger economy to build a brighter future. Labour cannot say what they would do with the economy because they do not have a plan – they would take us back to square one.”