NewsCost Of LivingPensionThe former Mayor is set to become Prime Minister in weeks09:23, 06 Jul 2026Andy Burnham has made a major announcement around the future of the state pension triple lock.‌It comes amid increasing claims the triple lock needs to be scrapped because it's too expensive.‌The policy ensures an annual increase to the pension in line with whatever is highest out of inflation, wage growth and 2.5%.‌READ MORE: Andy Burnham £35,000 state pension rule if he becomes Prime MinisterJoin our Free Money Saving WhatsApp community for the latest updatesBurnham, who is set to become Prime Minister later this month, has been urged by some economists to ditch the costly triple lock, which some claim is unsustainable.‌But the former Greater Manchester Mayor has ruled out making any chang