News 15/09/26
The state pension is likely to rise by £9.40 a week to £250.70 next April, following the latest jobs and pay figures. Under triple lock rules, the increase relies on average wage growth, inflation or 2.5%, depending on which figure is highest. Official statistics show average wage growth slowed to 3.9% between May and July. Almost thirteen million UK citizens receive the state pension, with forecasts suggesting recipients will pay […]