Brits may have to work into their 70s unless Labour reforms the pension triple lock, minister warns

Pat McFadden has spoken up for Labour's proposal to abolish the pension triple lock in favour of a less costly mechanism, cautioning that without such a change Britons could find themselves working well into their 70s. The announcement has sparked immediate questions over how millions of current and future pensioners will be affected.

Labour's proposal would swap the triple lock for a less generous formula, raising fears of a real-terms cut to pension growth.

The move comes after the government's winter fuel payment cuts drew fierce public backlash, piling pressure on Burnham's administration over its treatment of older Britons.

Treasury minister Torsten Bell has sought to explain the policy, but critics warn the change amounts to a stealth attack on pensioners' living standards.