State pension to be boosted by over £400 next year

Quick Summary:

This will take the full state pension for men who have retired since 1951 and women since 1953 to around £12,000 in 2025/26.

A minister says the priority is to support employers "in the transition to a living wage".

Research by DfE finds that NI and Wales are both behind Mississippi, which is the poorest US state.

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Article Details

Category: Business

Markets: United Kingdom

Topics: Inflation 2025/26 Pension Triple Full Winter Government State Lock Increase Year

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-03 @ 23:03:29 (11 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 397 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 22360630

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About BBC Business

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 9 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 11 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #43

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