Category Archives: Public sector pensions

Reform’s public-sector pensions plan could cost billions extra, union warns

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Prospect says proposals to make payouts less generous would damage public finances rather than save money

Reform UK’s plans to make public-sector pensions less generous could cost billions extra a year and cause a ticking timebomb in the public finances, a leading trade union has warned.

Prospect said the plans unveiled by the party’s deputy leader, Richard Tice, would damage the public finances rather than save money “and end up costing taxpayers tens of billions of pounds in the years to come”.

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Farage accused of betraying pensioners after triple lock hint in speech Tories say was rambling and incoherent – UK politics live

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Reform leader refuses to commit to keeping mechanism that guarantees how pensions are increased

Farage is speaking now. He says another “depressing budget hoves into view”. It will be a budget that “doesn’t have the guts to cut public spending”.

He says Britain has been living under an illusion.

I think for some years we’ve actually been living under an illusion. We’ve not been prepared to face up to just how much of an economic mess we genuinely in.

As we slipped down the global league tables, we kid ourselves that it’s OK, we’ve got GDP growth.

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