Should We Abandon The Triple-Lock

In this episode, Sandalwood & Sage go head-to-head on one of the most contentious economic issues facing modern Britain: the State Pension Triple Lock. Introduced in 2010 to protect pensioner incomes, the mechanism guarantees that the state pension increases each year by whichever is highest: Consumer Price Inflation (CPI), average earnings growth, or a baseline of 2.5%. With public finances under severe pressure and demographic shifts accelerating, should the government ditch the Triple Lock or protect it at all costs? This debate explores whether the Triple Lock is a necessary social safety net or an unsustainable fiscal trap. Sandalwood and Sage clash over the long-term mechanics of pension indexation, the economic burden placed on working-age taxpayers, and the true meaning of intergenerational fairness.