Burnham sets out plan to reform triple lock to pay for social care

Susannah Streeter, chief investment strategist at Wealth Club, insists bond investors are staying wary.

She said: “Bond markets are staying wary despite signs the Burnham administration will take bold steps to rethink government spending priorities by axing the triple lock for the State Pension.

“There remains nervousness about the scale of the government’s ambitions, when it has so little wriggle room.”