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Showing posts with the label unemployment

On Pensions, Productivity, and Fairness

  Image shows an elder man in a turquoise shirt sitting at a wooden table, working on a laptop The UK Parliament - not simply the current party of government, but the majority of the House of Commons - are, according to an unnamed whistleblower, and the I Paper of Thursday 16th April 2026, all in agreement that the  UK State pension triple lock  - the requirement that UK pensioners with at least 35 years' National Insurance contributions benefit from increases in the amount of pension they receive as a taxpayer-funded benefit rises each year by whichever is highest; inflation, average earnings, or 2.5% -   needs  to be reformed, but are equally  all afraid to come out and talk about even the concept  of reform, much less how it could look in practice. UK State pension provision currently accounts for 55% of the UK welfare bill, at £146.1billion per year. This is nearly double the £77billion pounds annually spent on supporting disabled people through St...