00:00It's the leadership I promised you when I asked to be your leader, and I will do it.
00:07But I'll be honest as well.
00:10We promised in our manifesto to keep the triple lock unchanged throughout this parliament.
00:17I will honour that promise.
00:20I will honour that promise.
00:22And I'll do more.
00:24I'll do more.
00:25That promise will take the state pension to a record high.
00:33From there, in April 2030, we will adjust it.
00:41The state pension will continue to rise every year at least by prices or 2.5%.
00:48And it will hold its value relative to earnings over time.
