Is The State Pension Unaffordable?

Today, new figures suggest the state pension will rise by 3.9% to up to £13,000 a year. The increase is based on earning figures as dictated by the triple lock, the policy the government uses to guarantee pension growth. The rise has reignited debates about the long-term affordability and generational fairness of state pensions which have seen costs balloon in recent years. Alex and James are joined by economics editor Faisal Islam who’s also been speaking to Anthropic co-founder Jack Clark about calls for greater AI safeguarding. Plus, the Thirlwall inquiry into how Lucy Let...