Huge sacrifices made by children during the pandemic have been principally for the benefit of the elderly. It’s time to redress the balance. If Mr Sunak can find an extra £4 billion to fund a pension increase, he should instead give it to those who need it most by investing in children's education.
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The Pension Triple Lock has caused the state pension to rise by 15% more than inflation & average earnings. In 2021, due to pandemic-related wage anomalies, an 8% pension rise will cost £4bn (according to the NIESR). During the pandemic children have suffered emotionally and educationally. Many families have endured greatly reduced incomes whilst pensions have risen. Government advisers recommended a £15bn catch-up fund. Government put forward £1bn (just £50 per pupil). More is needed!