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The triple lock guarantee returned as promised in 2022. Work and Pensions Secretary Mel Stride told the House of Commons that the pension for 2023-24 would increase in line with inflation by 10.1% ...
The pension triple-lock should be means tested to make sure the country is “growing” Conservative leader Kemi Badenoch has said, sparking criticism from Labour opponents. Speaking on LBC, the ...
Chancellor Jeremy Hunt confirmed that the state pension will be uprated in line with inflation at 10.1% from April 2023. ‘Sigh of relief’ for pensioners as triple lock is confirmed for next ...
Inflation, which is normally used to calculate the triple lock on state pensions, reached 10.1% in September.
“The triple lock was suspended last year as wage data was deemed to have been skewed by the pandemic furlough scheme and pensioners were instead given a 3.1% increase which aligned with CPI ...
Benefits system increasingly skewed towards parents and pensioners, says Institute for Fiscal Studies
The triple lock guarantees an increase in line with average earnings, inflation or 2.5 per cent, whichever is highest - meaning that pensioners would have been in line for a rise linked to wages ...
It will be the second significant rise in the state pension in two years, but could pull more into paying tax. Triple lock means state pension set to rise by 8.5% in April Skip to main content