00:00During a Labour Party conference speech, Andy Burnham says he wants to change the pension
00:05triple lock from 2030 to help fund a care service in England. It would keep increases
00:12linked to inflation or 2.5% but remove the link to average earnings. Burnham says the
00:18change would create free at the point of use care without borrowing. Officials estimate
00:24it could save 15 billion pounds a year by the year 2040. The Institute for Fiscal Studies
00:31says savings would be small at first and rise over time. During his speech, Burnham also
00:36discussed how rejoining the EU was among all the options being considered for a better
00:42relationship with Europe going forward.
