The triple lock pledge means the state pension should increase every year by the highest of inflation, average earnings growth or 2.5 per cent. The state pension rose by 4.1 per cent or £470 to ...

Over 1.5 million state pensioners could be dragged into paying tax for the first time from next April in line with the triple lock. Experts have warned that payments may well rise by 5% or more ...

The increase is linked to wages, which have risen by 4.1%. Under an arrangement called the "triple lock", the state pension goes up each year by the highest of 2.5%, inflation, or earnings growth.

Prime Minister Sir Keir Starmer reiterated his commitment to the state pension triple lock policy ahead of the increase to pension payments today. The triple lock ensures a rise to the state ...

The increase is linked to wages, which have risen by 4.1%. Under an arrangement called the "triple lock", the state pension goes up each year by the highest of 2.5%, inflation, or earnings growth.