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Pensioners Set for £500 Boost Next Year | Leeds News
State pensioners could see a hefty boost of around £500 next year thanks to the triple lock, with wage growth likely to outpace inflation. Recent data shows wages rose 4.1% in the last three months, while inflation sits at 2.9%, and the Bank of England forecasts it won’t exceed 3.2% this year. If wage trends hold until July, pensioners might hit over £13,000 annually — though that’s not guaranteed if wages dip or inflation spikes before September. While this is welcome news, experts warn the state pension alone may only cover basics; personal and workplace pensions are crucial for a…
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