Chancellor Jeremy Hunt has confirmed the government will “honour its commitment” to the triple lock in full by increasing the new state pension by 8.5 per ...
The government resists pressure to use a lower measure of wage growth.
Chancellor, Jeremy Hunt, has confirmed that the government will stand by the full state pension triple lock, with pensioners to receive a 8.5 per cent ...
Britain's publicly funded state pension will increase by 8.5% from April 2024, finance minister Jeremy Hunt said on Wednesday.
As part of the Autumn Statement 2023. Chancellor Jeremy Hunt has announced a full commitment to the Triple Lock with an 8.5% in state pensions in the Autumn ...
Jeremy Hunt honoured the 'triple lock' pledge, which means the state pension should increase every year by the highest of inflation, average earnings growth ...
During the Autumn Statement, Hunt confirmed that the State Pension will increase by 8.5%, or £221.10 a week, meaning pensioners will receive around £900 more a ...
Had the government opted to use the average earnings growth figure that strips out bonuses, which came in at 7.8% in July this would have implied an increase in ...
The state pension will rise by 8.5% from April 2024 under the 'triple lock' guarantee, meaning millions of people will receive a weekly increase of up to ...
The highest of the three is wage growth at 8.5pc. Jeremy Hunt had reportedly been considering stripping bonuses from the average pay figure, which would have ...
Becky O'Connor, of PensionBee, explained: “If you don't need the money now and take it on top of earned or other pension income, your tax bill could be higher ...
A question that is perennially asked by financial experts is: “can the government (in other words, the taxpayer) afford to keep increasing pensions?