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Faisal Islam: Triple lock move is significant, but it's a gamble

I had expected him to try to forge a political consensus on this thorny issue at this stage, but he has gone further than that.

BBC Business•

It was a significant announcement from Prime Minister Andy Burnham on his plans for the triple lock after the general election. It will reverberate well beyond the hall.

For months, I have heard suggestions that Andy Burnham was warm to suggestions that the triple lock as we know it had to go.

I had expected him to try to forge a political consensus on this thorny issue at this stage, but he has gone further than that. He has tried to take the sting out of the politics of his decision by tying it to funding a new national social care service.

The policy would be to maintain the state pension as a share of earnings at the record level it is due to reach in 2030.