Is the state pension triple lock doing more harm than good to the UK economy?

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Every year that we've had the triple
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lock, we've had a deficit.
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So, the cost of above inflation rises in
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the state pension, uh as opposed to just
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inflation rises, is partly being funded
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by debt. Now, how many people would
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think that it was fair for them to have
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an above
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above inflation increase in their
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pension if that was being paid for by
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more debt on their children and
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grandchildren. I think most people would
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recognize that actually isn't fair on
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future generations.
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But, it's also very bad for economic
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growth because we have to pay for that
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debt through uh 110 billion pounds a
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year that the exchequer pays for debt
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interest. That's more than we spend on
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police, more than we spend on schools,
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more than we spend on the entire defense
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budget.
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And so, there's a cost to it. Uh it's a
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kind of it's an anchor drag on economic
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growth.

Is the state pension triple lock doing more harm than good to the UK economy?

City AM

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Is the state pension triple lock doing more harm than good to the UK economy?

City AM