22 h. ago Triple lock update as economic figures 'tighten the Treasury's fiscal position'

State pension payments rise each April in line with the triple lock

Economics

22 h. ago Triple lock under threat as DWP state pension bill 'continues to rise'

State pension payments go up each April in line with the triple lock

Economics

39 h. ago What pension changes is Rachel Reeves considering in the budget?

One possible alteration was thought to be tax-free cash drawdowns, but the chancellor may have turned to salary sacrifice schemesRumours about what Rachel Reeves may, or may not, do to pensions in the budget continue to swirl.One much-debated possible change – cutting the amount of tax-free cash that people can take from their pensions – is said by some to be off the table, but reports have emerged that the chancellor has “salary sacrifice” pension schemes in her sights. Continue reading...

Economics

3 d. ago Pensioners urged to check if they will pay tax in retirement next year

The earnings growth measure looks set to be the multiplier for the Triple Lock for the annual uprating.

Economics

7 d. ago Call for people who reach state pension age to be paid for five years even if they die

Sir Steve Webb, who was pensions minister when the triple lock was introduced, has urged Rachel Reeves to implement a ‘minimum guaranteed payout’ of five years

Events

9 d. ago Minister who helped roll out triple lock says it's 'not sustainable'

Concerns are growing that the triple lock is unsustainable

Politics

1 week ago Reform's Richard Tice warns triple lock is 'unsustainable' and public sector pensions pose 'bigger risk than climate change' to UK economy

Reform's Richard Tice has branded the long-established policy of the state pension triple lock, which guarantees pensioners' incomes rise in real terms each year, 'unsustainable'.

Events

1 week ago All the new and basic State Pension weekly payments due from April

The full new State Pension will increase by around £574 from April, 2026, if the triple lock is retained

Economics

1 week ago Full list of New and Basic State Pension weekly amounts from April

The Triple Lock means the New and Basic State Pensions increase each year

Politics

1 week ago Farage accused of betraying pensioners after triple lock hint in speech Tories say was rambling and incoherent – UK politics live

Reform leader refuses to commit to keeping mechanism that guarantees how pensions are increasedFarage is speaking now. He says another “depressing budget hoves into view”. It will be a budget that “doesn’t have the guts to cut public spending”.He says Britain has been living under an illusion.I think for some years we’ve actually been living under an illusion. We’ve not been prepared to face up to just how much of an economic mess we genuinely in.As we slipped down the global league tables, we kid ourselves that it’s OK, we’ve got GDP growth. Continue reading...

Politics

1 week ago Farage accused of betraying pensioners but praised for ‘fiscal discipline’ after triple lock hint – politics live

Reform leader refuses to commit to keeping mechanism that guarantees how pensions are increasedFarage is speaking now. He says another “depressing budget hoves into view”. It will be a budget that “doesn’t have the guts to cut public spending”.He says Britain has been living under an illusion.I think for some years we’ve actually been living under an illusion. We’ve not been prepared to face up to just how much of an economic mess we genuinely in.As we slipped down the global league tables, we kid ourselves that it’s OK, we’ve got GDP growth. Continue reading...

Politics

1 week ago Nigel Farage suggests young people on minimum wage earn too much

Reform UK leader also predicted a general election within the next two years, as a consequence of Rachel Reeves’ ‘austerity Budget’

Politics

1 week ago Nigel Farage 'to betray pensioners' with response to state pension triple lock

Nigel Farage and Reform were branded 'vultures' who would betray pensioners and bring in a new era of austerity after a major speech in the City of London when previous tax plans were axed

Politics

2 w. ago Triple lock update over 'review' of state pension increase calculation

State pension payments increase each April under the current rules

Politics

2 w. ago Triple lock alert as state pensioners urged to check bank account

State pension payments increase in April in line with the triple lock

Economics

3 w. ago Pensioners face new tax bill and may need to fill in HMRC form after key date

State pension payments increase each April in line with the triple lock, with payments set to go up 4.8 per cent next year

Economics

3 w. ago DWP urges state pensioners awaiting triple lock boost to claim possible extra £4,000

State pensioners are set to receive a 4.8 per cent pay rise next year, but the DWP has warned that people should review their finances now

Economics

3 w. ago State pensioners warned over £25,000 HMRC limit as 'you could pay a lot more tax'

State pension payments increase each April thanks to the triple lock

Economics

3 w. ago State pensioners awaiting triple lock boost could claim extra £4,000 from DWP

A finance expert urged state pensioners to check over their finances

Economics

3 w. ago Britain should copy Australia to reform 'costly' state pension triple lock, says the IFS

The state pension triple lock should be ditched after the next election in favour of the uprating system used in Australia, according to the Institute of Fiscal Studies.

Economics