Video thumbnail for The "Absurd" £10 Billion Pension Demand Facing the Next Prime Minister

The "Absurd" £10 Billion Pension Demand Facing the Next Prime Minister

Jun 12, 2026
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City AM

As the race to succeed Keir Starmer heats up, potential future Prime Minister Andy Burnham has signalled his support for a multi-billion pound payout to the WASPI women campaign. But is a £10 billion compensation package fair to working-age taxpayers, especially when one in five pensioners now lives in a millionaire household? In this clip from the Business as Usual podcast, the City AM team breaks down why this pledge sets an incredibly dangerous precedent for UK public finances, why frontline politicians keep leading campaigners up the garden path, and whether the state pension can even survive the next few decades. Let us know your thoughts in the comments: Should the WASPI women be compensated, or is this an unsustainable burden on the middle class? #WASPI #PensionsUK #AndyBurnham #TripleLock #UKPolitics #StatePension #CityAM 0:00 - Andy Burnham's £10bn WASPI Pledge 1:10 - Why a Pensioner Payout is the Wrong Priority 2:04 - The Dangerous Precedent for Millennials & Student Loans 2:45 - Is the State Pension Even Sustainable? 3:38 - Politicians Playing Games in Opposition Get more of City AM 👇 🌐 http://www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: http://www.linkedin.com/company/cityam
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