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flag UK considers ending pension triple lock due to rising unemployment and fiscal pressure.

flag The UK government is reconsidering the state pension triple lock due to rising unemployment, which hit 5% in September 2025, with 117,000 fewer people on payrolls than a year earlier, reducing tax revenues. flag This fiscal strain, coupled with increasing pension and welfare costs, has raised concerns about the long-term sustainability of the policy, which guarantees annual pension increases based on the highest of inflation, earnings, or 2.5%. flag A record 10.1% rise in April 2023 highlighted the financial pressure, prompting potential reforms ahead of the Autumn Budget on November 26.

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