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  • Just on the news now that pensions are going up 10.1% with inflation. With all the other news I’d forgotten this.

    And then the education secretary on the news saying they can’t put up teachers’ pay because it’ll fuel inflation.

    I wonder what the likely voting intentions of these two groups are…

  • Just on the news now that pensions are going up 10.1% with inflation. With all the other news I’d forgotten this.

    Those pensioners are going to be pretty fucked off when they find out that we'll need a lot more immigration to pay for that.

    Also, I can't see how retirement age can stay below 70 for much longer. Our pension gap is nudging £3tn at the moment.

  • Also, I can't see how retirement age can stay below 70 for much longer. Our pension gap is nudging £3tn at the moment.

    I think it's much more likely that the state pension will become means tested, so that those who don't need it no longer get it. That's a political hot potato though, so it'd take a brave party to even propose it.

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