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State pension payments will increase by 10.1 percent from today - but what does this mean for pensioners?
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State pension payments will increase by 10.1 percent from today - but what does this mean for pensioners?
Pensioners will see their payments rise by nearly £19 a week, the equivalent of around £972 a year. But campaigners say the rising cost of food, energy, fuel, and accommodation has wiped out the boost.
The state pension will increase by 10.1 percent in just five days' time, the biggest increase ever. So why will millions of older people feel shortchanged?
Help is on the way for pensioners struggling with the cost of living, with a number of pension payments set to rise in April 2023.
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