UK State Pension to Rise by £460 Next April
UK State Pension to Rise by £460 Next April
UK State Pension to Rise by £460 Next April
News summary

The UK state pension is set to rise by approximately £460 next April due to a 4% increase in average earnings, as per the triple lock guarantee, which ensures pensions rise by the highest of wage growth, inflation, or 2.5%. This increase will bring the new full state pension to about £11,962 annually. However, the rise comes as the government faces backlash for cutting winter fuel allowances, impacting millions of pensioners and potentially increasing financial strain on the most vulnerable. Labour MPs are expected to challenge this policy, despite the leadership's commitment to maintaining the triple lock. The decision to cut winter fuel payments is predicted to save £1.5 billion a year but has been criticized for potentially causing hardship among pensioners.

Story Coverage
Bias Distribution
38% Right
Information Sources
166bc319-c612-4063-955b-1bdc4fec97ffbfb2a97b-336e-48d9-b69a-147df7862dc2bd68667e-abfe-4783-a143-3b1ae84b82326a8412fc-1096-4c2b-a630-24144fb8fdd2
+4
Left 38%
Center 25%
Right 38%
Coverage Details
Total News Sources
8
Left
3
Center
2
Right
3
Unrated
0
Last Updated
7 days ago
Bias Distribution
38% Right

Open Story Timeline

Story timeline 1Story timeline 2Story timeline 3Story timeline 4Story timeline 5Story timeline 6Story timeline 7Story timeline 8Story timeline 9Story timeline 10Story timeline 11Story timeline 12Story timeline 13Story timeline 14

Analyze and predict the
development of events

Related News
Daily Index

Negative

20Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage

Related Topics

Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Related News
Recommended News