The UK’s pension triple lock—a policy that guarantees state pensions rise by the highest of inflation, wage growth, or 2.5%—is now projected to cost the government three times more than previously expected. The official budget watchdog has raised alarms, saying these soaring costs are straining public finances and leaving them in a "relatively vulnerable position," especially after recent policy reversals.

Editor’s Note: This isn’t just about pensioners getting a bigger payout—it’s a warning sign for the broader economy. If the government has to keep funneling more cash into pensions, it could mean less funding for everything else, from healthcare to infrastructure. And with public finances already shaky, this could force some tough choices down the line.