UK PM Andy Burnham will signal the end of the pensions triple lock in his conference speech on Tuesday, reports The Telegraph

This is a report of an intended signal rather than a policy announcement, and the track record of such pre-briefings is that they often test the water and are subsequently rowed back or diluted. The triple lock has been under recurrent review across multiple governments, and past episodes of mooted reform have tended to run into the political difficulty that pensioners are a high-turnout electorate; actual change has historically come through suspension or temporary waiver rather than outright abolition. The transmission channel for markets runs through the fiscal arithmetic: the triple lock is one of the larger structural drivers of long-term public spending commitments, so credible reform would bear on the long-end gilt supply outlook and the fiscal headroom debate rather than on anything immediate. The tells are the speech itself, whether the language survives contact with the party and the backbenches, and whether any costing or timetable is attached, since a commitment with numbers reads very differently from an aspiration. One caveat: the headline's framing of the individual and the role warrants verification against the primary source, as secondhand pre-briefings of this kind have a history of imprecision.