{
  "id": 5308070,
  "title": "The Capitalist: Tugendhat does the triple lock hop",
  "url": "https://urgent.news/2026/09/03/the-capitalist-tugendhat-does-the-triple-lock-hop",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-03T10:19:49.000Z",
  "source": {
    "name": "City AM",
    "slug": "city-am",
    "url": "https://www.cityam.com/the-capitalist-tugendhat-does-the-triple-lock-hop/"
  },
  "original_language": "en",
  "account": "When Kemi Badenoch became the leader of the opposition, her shadow cabinet remained unchanged until the election. However, with Andy Burnham's ascension to Number 10, she initiated a reshuffle. She replaced Mel Stride and Priti Patel, who were previously mentioned in Robert Jenrick's speech as reasons for leaving the Tories for Reform. The reshuffle saw the promotion of Katie Lam and Tom Tugendhat, who have both been outspoken on the Tory backbenches and caught the attention of the party leader. Lam, now the shadow housing secretary, faced backlash last year for going off-message on immigration. Tugendhat, known for his criticism of the triple lock pension, termed it a \"Ponzi scheme\" at the party's conference the previous year. He also accused other Tories of defending the \"unsustainable\" state pension, which rose above workers' wages. Tugendhat's spokesman clarified that he didn't actually advocate for the scrapping of the triple lock pension. Meanwhile, Andy Burnham's fashion choices, including a burgundy Sainsbury's fleece during a visit to a London Sainsbury's, have drawn considerable attention. Despite the Prime Minister's insistence on wearing a suit outside the Commons, Burnham wore the fleece with a name badge for the cameras, though he did not take it home. In a separate news, the CEO of Fuse, Alan Chang, was labeled as the \"worst 'life of' interviewee\" by former City AM hack William Turvill, following his evasive answers in the interview. Fuse, a buzzy energy startup, does not yet have an internal PR team, which may explain Chang's reluctance to engage in such interviews. Lastly, a fake listing on Booking.com, featuring a one-bedroom apartment in Downing Street for £55 a night, was set up by consumer champions Which? to highlight the ease with which people could fall victim to scams.",
  "summary": "Burnham goes to Sainos, Fuse CEO short circuits and Tugendhat flip flops on triple lock; catch up on the latest gossip in The Capitalist.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}