The Isle of Man is scrapping its version of the triple lock on pensions due to affordability concerns, affecting residents who reached state pension age after April 5, 2019. The change introduces a watered down version of the UK’s state pension triple lock, with treasury minister Dr Alex Allinson emphasizing that increased contributions should not burden workers and businesses. In contrast, UK Conservative leader Kemi Badenoch suggested means-testing the UK’s triple lock, sparking criticism from Labour opponents, who argue that starting with means testing is not the solution to the pension fund problem.
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The EU doesn’t need a deal with Trump
Ursula von der Leyen is meeting Donald Trump in Scotland to discuss trade as tariff deadlines approach, drawing insights from her recent summits with Japan and China. The article argues that the EU should not concede to US pressures, highlighting the unpredictable nature of Trump's negotiations and suggesting that both the US and EU have more to lose than appears. Want More Context? 🔎
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