Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to the letter from the Secretary of State for Work and Pensions entitled, The future of the Triple Lock, dated 13 October 2026, what estimate he has been made of the potential impact of the adjusted Triple Lock on tax receipts, including income tax and VAT.

The annually managed expenditure savings from adjusting the triple lock were set out in a publication on the 29th of September. The methodology used is detailed in that publication. Tax receipt forecasts are produced twice a year by the Office for Budget Responsibility.