Pension triple lock may be scrapped to fund National Care Service: PM's social care pledge is predicted to cost taxpayers £18BILLION - with death tax also mooted to pay for it
- Posted on September 28, 2026
- By Daily Mail
- 1 Views
- 1 min read
In brief
The UK government is considering major reforms to social care funding, potentially including the abolition of the pension triple lock to support a new National Care Service. Prime Minister announces willingness to tackle controversial policy decisions at Labour conference. Estimates suggest the comprehensive care initiative could require £18 billion in taxpayer investment, with alternative funding mechanisms such as inheritance taxation being explored to bridge the financial gap.
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Pension triple lock may be scrapped to fund National Care Service: PM's social care pledge is predicted to cost taxpayers £18BILLION - with death tax also mooted to pay for it
Speaking as the Labour Party conference got under way in Liverpool, the Prime Minister said he was ready to 'grasp the nettle'.
