00:00The triple lock is an absolutely tiny part of the 1.4 trillion that the UK government spends every year.
00:07Our pensioners, if you compare them to other countries, are roughly in the middle, which is about where they should
00:12stay.
00:13We don't think that future pensions should be cut.
00:16We'd much rather cut net zero funding, the foreign aid budget and benefits that go to foreign born people.
00:23Our choices are very, very clear. And frankly, frankly, the thought that cutting pensions would leave enough money free for
00:33a national care service.
00:35Frankly, those sums don't add up or make sense at all.
00:38But more broadly on the Prime Minister's plan for a national care service, I mean, people are having to spend
00:42their life savings on paying for care.
00:44So is this a fairer system?
00:47There have been so many systems over the years proposed for how we deal with the elderly care crisis.
00:52The Dilknot Report, which was now over a decade ago, was much debated.
00:57Theresa May, as Prime Minister, had a go at finding a solution.
01:00But the idea of a national care service run by this government, I think, would run way over budget.
01:08And in the end, cost every taxpayer a lot more money.