Kemi roasts Burnham’s ‘Corbynism with better packaging’ economic vision as PM says his plan to take money from pensions to cover care costs will make the elderly more ‘financially secure’
Kemi Badenoch, Conservative Opposition leader, has attacked Andy Burnham's proposal to modify the state pension triple lock, describing it as "Corbynism with better packaging." Burnham's plan would slow annual pension increases to free up funds for a new National Care Service. The Prime Minister has defended the proposal, arguing that despite lower year-on-year pension rises, it would ultimately provide pensioners with greater financial security.
From 2030, the state pension would rise annually by the higher of inflation or 2.5 per cent, rather than automatically tracking average earnings growth. The modification is projected to raise £15 billion per year by the end of the 2030s to fund the care service. The Conservatives separately unveiled a "Get To Work" scheme requiring unemployed school leavers to undergo intensive job coaching rather than immediately claiming Universal Credit, with benefits potentially capped at 70 per cent of the standard rate after six months.
- Labour proposes slowing pension rises to fund National Care Service, saving £15bn annually
- Conservative leader criticises plan as "Corbynism with better packaging"
- Tories announce welfare reforms including new youth employment scheme