The Liberal Democrats party leader tells Sky News it was his side that came up with the plan during the coalition years - and whatever happens at the next election, their support for the policy will remain.
"Countries that are much less wealthy than us were paying their pensioners, [still] are paying their pensioners more, so the triple lock from the Liberal Democrats was designed to try to begin to rectify that."Reports suggest the chancellor and prime minister have been discussing the future of the policy ahead of the next election
Sir Ed also said his party would not look to reduce or remove inheritance tax after reports this weekend claimed it was a move being considered by Mr Sunak ahead of the next election.Also appearing on Sky News' Sunday Morning with Trevor Phillips, Grant Shapps, the defence secretary, made his distaste for the tax clear, calling it"particularly punitive and unfair".
But he said the government is currently in"a fiscal straightjacket", and the chancellor has already told the press"he doesn't see room for tax cuts".Defence Secretary Grant Shapps says inheritance tax is 'punitive and unfair' Asked about the Lib Dem position, Sir Ed said:"It is really clear when a Conservative leader is in trouble [as] they reach for the inheritance tax gig. They've done it before but they have never delivered on it.
"And I think people reading that should look at the Conservatives' record on tax. They have raised taxes for people on lower incomes and the idea that they should now be talking about inheritance tax is quite preposterous. It would be a tax cut for the wealthiest."Related Topics
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