‘Unsustainable’ – Iceland boss and Labour peer calls for end of triple lock pension

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Lord Walker next to Rachel Reeves.</p><p>Pic: Dan Kitwood/PA Wirehttps://www.cityam.com/wp-content/uploads/2026/06/01KKM8NMWVXEPARHB5E79M74KY-e1781254901602.jpg?w=969" />

Lord Walker, the influential Iceland boss who was made a Labour peer, has called for the triple lock pension to be scrapped as the mechanism was “profoundly unfair”.

In a debate on welfare reform in the House of Lords, Walker added to a growing number of economists and political figures calling for the state pension https://www.cityam.com/unsustainable-iceland-boss-and-labour-peer-calls-for-end-of-triple-lock-pension/">[...]

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