UK state pension could rise by about £460 a year from April, wage growth figures suggest

10-09-2024 06:40 1 Minutes reading Negative -0.98
<p>Average earnings including bonuses in three months to July – used to calculate the triple lock – grew by 4%</p><ul><li><a href="https://www.theguardian.com/money/article/2024/sep/10/uk-wages-figures-state-pension-interest-rates-rachel-reeves">Analysis: Figures will affect pensions, interest rates – and Reeves</a></li><li><a href="https://www.theguardian.com/business/live/2024/sep/10/wage-data-triple-lock-increase-state-pensions-unemployment-inactivity-business-live">Business live – latest updates</a></li></ul><p>The full UK state pension could rise by about £460 a year from April 2025, the latest wage growth figures suggest.</p><p>Average earnings including bonuses in the three months to July, which are used to calculate the pensions triple lock, grew by 4%, according to the Office for National Statistics, down from 4.6% year on year over the three months to June.</p> <a href="https://www.theguardian.com/money/article/2024/sep/10/uk-state-pension-rise-april-2025-wage-growth">Continue reading...</a>

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