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Labour Pledges Free National Care Funded by Pension Triple Lock

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Burnham Announces Care Reform
  • Prime Minister Andy Burnham announced reforms at the Labour Party conference in Liverpool.
  • He pledged a free-at-point-of-use National Care Service funded by changing the pension triple lock.
  • From April 2030 the lock will rise by inflation or 2.5% with a 30% earnings backstop.
  • The change could save about £15 bn a year by 2040.
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