India markets open in 1 hour 37 minutes
  • BSE SENSEX

    52,950.63
    +363.79 (+0.69%)
     
  • Nifty 50

    15,885.15
    +122.10 (+0.77%)
     
  • Dow

    34,838.16
    -97.31 (-0.28%)
     
  • Nasdaq

    14,681.07
    +8.39 (+0.06%)
     
  • BTC-INR

    2,894,833.50
    -57,146.25 (-1.94%)
     
  • CMC Crypto 200

    949.74
    -11.16 (-1.16%)
     
  • Hang Seng

    25,987.96
    -247.84 (-0.94%)
     
  • Nikkei

    27,565.75
    -215.27 (-0.77%)
     
  • EUR/INR

    88.3126
    +0.0368 (+0.04%)
     
  • GBP/INR

    103.2833
    -0.0093 (-0.01%)
     
  • AED/INR

    20.1950
    -0.0040 (-0.02%)
     
  • INR/JPY

    1.4665
    +0.0002 (+0.01%)
     
  • SGD/INR

    54.9670
    -0.0060 (-0.01%)
     

Boris Johnson news: PM and Sunak ‘set for pensions clash’ as Lib Dem leader eyes Tory ‘blue wall’ seats

·1-min read
 (Getty Images)
(Getty Images)

Boris Johnson is at odds with his chancellor Rishi Sunak over Treasury plans to suspend the “triple lock” on pensions for a year, with frustration over the prime minister’s desire to make expensive policy pledges, according to reports.

The Sunday Times claimed that officials were said to be examining plans to prevent a rise in average wages over the course of the Covid-19 pandemic leading to a 6 per cent increase in the state pension - costing the government £4bn.

It added that there was “growing consternation” over Mr Johnson’s habit of announcing plans that would cost billions of pounds “when there is no means to pay for them”.

It came as Lib Dem leader Sir Ed Davey said he believed his party could win a large number of Tory constituencies in the south of England, where the Conservatives had taken voters “for granted”.

Meanwhile, former speaker and Tory MP John Bercow revealed he had defected to Labour due to his former party becoming “reactionary, populist, nationalistic and sometimes even xenophobic” under Mr Johnson’s leadership.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting