Responding to reports the Government will scrap the Triple Lock pension guarantee as early as next week, Liberal Democrat Treasury Spokesperson, Christine Jardine MP, said:
"It would be an outrageous betrayal to millions of pensioners if the Government goes ahead with their plans to scrap the Triple Lock.
"The Tories made this promise in their manifesto just two years ago. Clearly that manifesto is no longer worth the paper it was written on.
"The Triple Lock is designed to give long-term financial security to pensioners, particularly those living in poverty and therefore rely on the state pension as their only source of income. Under this Government, we could be going back to the dark days of pensions rising by pennies, rather than pounds."