The pension triple lock won’t ‘last forever’, warns Labour MP Personal Finance A Labour MP has admitted that the pension triple lock won’t “last forever”, as the Budget fails to mention an end to the controversial scheme. Speaking live to CityAM‘s Christian May and Alys Denby, Chris Curtis, MP for Milton Keynes North, said that the “triple lock inevitably cannot last forever”. He said: “That is [...]
WATCH LIVE: CityAM reacts to the Budget Politics After months of speculation and mounting political drama, Rachel Reeves has delivered her second Budget. CityAM‘s team has all the latest news throughout the day on our Live Blog via cityam.ca and the CityAM App, along with a special livestream broadcast from the heart of the Square Mile at 2pm. Broadcasting live from the London Stock Exchange, CityAM‘s Editor [...]
London house prices reach ‘unaffordable’ levels – even for top earners Property Even the richest people in London are being priced out of the property market as house prices reach record levels, the Office for National Statistics has found. “In London, the average home was not affordable for any household income decile,” the statistics watchdog said in its latest Housing Purchase Affordability index, using 2023 data. The [...]