RISHI SUNAK's Autumn Budget confirmed the state pension triple lock will be suspended next year, reducing the increase to pensioners' income.
State pension value will go up by 3.1 percent next year, in line with inflation, after the earnings link was removed from the triple lock calculation.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Rishi Sunak to promise ‘economy fit for a new age of optimism’🔴The Chancellor will use his Budget speech to outline a vision for 'an economy fit for a new age of optimism' as he draws a line under 18 months of costly pandemic interventions
Read more »
Rishi Sunak will use budget to declare ‘age of optimism’Chancellor to strike upbeat tone despite cost-of-living crisis, with spending pledges worth billions
Read more »
Budget 2021: Rishi Sunak reveals bumper Budget to protect families this winterRISHI Sunak is today unveiling his bumper Budget to protect hard-up families this winter while still balancing the books after Covid. Laying out his plan “for a new age of optimism”, th…
Read more »
The day that could define Rishi Sunak – podcastHe has risen smoothly from private schooling to Oxford, the City, and then parliament – and now he is a youthful and popular chancellor who many believe will be the next prime minister. How has Rishi Sunak managed it – and does the budget that will set the terms of the UK’s exit from the pandemic pose the biggest threat yet to his Teflon reputation?
Read more »
Rishi Sunak wears £95 sliders and socks to get ready for BudgetThe chancellor, reportedly the richest man in the Commons, has been spotted rocking some pricey sandals.
Read more »
Watch live as Rishi Sunak delivers the BudgetChancellor Rishi Sunak is unveiling his autumn Budget in the House of Commons, where he is expected to pledge “a new economy” in the wake of Covid-19.A number of details surrounding the government’s plan have already been reported, with Mr Sunak set to announce a rise in the National Living Wage from £8.91 to £9.50 per hour.The treasury has also said it will be lifting a pay freeze imposed on public sector workers as a result of the pandemic and it’s also expected almost £6bn will be set aside for the NHS.Sign up to our politics newsletter here.
Read more »