State pension likely to rise by 3.9% next April
Summary
The state pension in the UK is expected to increase by 3.9% in April next year. This rise follows a government rule called the triple lock, which raises pensions by the highest of average wages growth, inflation, or 2.5%.Key Facts
- The state pension increase is set for April 2027.
- The increase will likely be 3.9%.
- The "triple lock" guarantees pensions rise by the highest of three numbers: wage growth, inflation, or 2.5%.
- Average wages grew more slowly between May and July 2026.
- UK job vacancies have decreased recently.
- The number of people claiming unemployment benefits in the UK has gone up.
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