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Burnham Announces National Care Service and Second EU Referendum

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Pension Lock Savings
  • British Prime Minister Andy Burnham announced a National Care Service and signaled openness to a second Brexit referendum to re-join the EU.
  • The funding plan alters the pension triple-lock and urges UK involvement in EU Made-in-Europe rule talks while French Finance Minister Roland Lescure said re-entry anytime.
  • Burnham projected the pension-lock change would save £15 bn annually by 2030 and £50 bn by 2050.
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