LIZ Truss today refused to rule out raising the retirement age, meaning millions of Brits might have to work LONGER before they can receive their pension.
This morning the PM admitted raising the retirement threshold is a “decision yet to be made”.
Liz Truss has REFUSED to rule out raising the retirement age
Currently Brits can access their hard-earned pensions when they turn 66.
The threshold is due to rise to 67 in 2028, but as the government looks to find savings in public finances, that could happen sooner than planned.
Asked to rule out the move, the PM told Sky News: “You’re asking me to speculate about all kinds of decisions that haven’t yet been made.
“What’s first of all important is that we dealt with the energy prices people were facing.
“We’ve helped to curb inflation through that intervention, we’ve reduced taxes to get the economy growing, we’re going to be doing economic reforms in areas like moving faster with building projects, moving faster with transport projects to get the economy going.”
The government is desperately trying to save money after it announced a whopping £45bn worth of tax cuts in its mini budget last month.
The tax bonfire sent markets into a panic and caused the pound to plummet. But it was later able to recover.
Yesterday, the PM dramatically U-turned on her mini budget pledge to cut the 45p top rate of income tax.
The policy caused a stir as people questioned why the richest in Britain were getting a pay day as hard-up Brits struggle with their bills.
Ms Truss and Kwasi Kwarteng were praised by Tory MP critics of the policy for admitting it was a mistake and turning their backs on it.