New update on State Pension annual payment uprating from next April under Triple Lock

Work has started on Ayr's controversial new Riverside flats that will be built next to a 'ghost' tower block.

The Triple Lock will determine the level of uprating to be applied to the State Pension for the 2024/25 financial year and pays the highest between September’s Consumer Price Index (CPI) inflation rate, earnings growth, or 2.5 per cent. The frontrunner for the uprating is currently earnings growth, which came in at 8.5 per cent (including employee bonuses) for the period between May and July.

The September Consumer Price Index (CPI) inflation rate will be announced on Wednesday, October 18 and forms part of the Triple Lock policy which is used for the annual State Pension uprating. Under the Triple Lock, the State Pension increases each year in line with whichever of these three measures are the highest - average annual earnings growth from May to July (currently 8.5%), CPI inflation in the year to September (currently 6.7%) or 2.5 per cent.

Martin Lewis has warned hundreds of thousands of people, mostly women over State Pension age, not to bin a letter they may receive over the coming weeks thinking it’s a scam - it’s not, and could be worth a small fortune. The letters contain details about potential State Pension underpayments and could be worth tens of thousands of pounds.

The latest figures from the Scottish Government show there are estimated to be around 850,000 people with hearing loss in Scotland and of those, 70 per cent are over 70. It is projected that figures could double over the next 20 years, with a delay of up to 10 years before people address their hearing loss.

A new online petition is calling on the UK Government to ‘honour the Triple Lock in full in April 2024’ ahead of the annual State Pension uprating announcement to be made during the Autumn Statement next month.

Millions of older people are due to receive a one-off payment from the Department for Work and Pensions (DWP) to help keep winter heating bills down. No exact dates for this year’s Winter Fuel Payment have been announced, however, DWP has said most payments will be made during November and December.

There is an important date coming up that everyone claiming their State Pension should be aware of as it could help them calculate how much the contributory benefit will increase next April. The September Consumer Price Index (CPI) inflation rate will be announced next week - on Wednesday, October 18 - and forms part of the Triple Lock policy which is used for the annual State Pension uprating.

The latest figures from the Department for Work and Pensions (DWP) show in February this year, there were 416,313 people across Great Britain receiving Attendance Allowance support for arthritis, making it the most-claimed for health condition by people over State Pension age. More than 37,500 older people in Scotland are receiving either £68.10 or £101.75 each week in extra financial support along with more than 1,100 living abroad.

Social Security Scotland has issued new guidance for people on Personal Independence Payment (PIP) or Disability Living Allowance (DLA) whose circumstances change while they are transferring from the Department for Work and Pensions (DWP) IT system. However, the advice also applies to people in receipt of Adult or Child Disability Payments.

There are a number of one-off cost of living and winter payments on the way this year for people on State Pension.

There are nearly three months of the year still to go, however, October 5 marks ‘State Pension Shortfall Day’. This is point in 2023 when the average single pensioner would have exhausted their full annual State Pension payment from the Department for Work and Pensions (DWP) - the full New State Pension is worth just over £10,600 this financial year - and be reliant on private pension income or other savings to bridge the gap.

The Child Poverty Action Group (CPAG) has warned that struggling families face being substantially worse off than they were five years ago if benefits are not uprated with inflation. The campaign group voiced concerns that the UK Government has not yet said it will be uprating benefits next April by this September’s Consumer Price Index (CPI) inflation rate - due to be announced by the Office for National Statistics (ONS) on October 18

An online petition calling for the State Pension to be increased to £416 each week for everyone over the age of 60, to match the hourly rate of the National Minimum Wage, has received more than 10,000 signatures of support and is now due an official response from the UK Government.

There is a key date this month that everyone claiming their State Pension should be aware of as it could determine how much the contributory benefit will increase next April. The September Consumer Price Index (CPI) inflation rate will be announced on Wednesday, October 18 and forms part of the Triple Lock policy which is used for the annual State Pension uprating.

Bernardo Silva won't be fit to return for Manchester City at Wolves this weekend and the Blues will also be without John Stones and Kevin De Bruyne for the trip to Molineux.

Star BBC presenters such as Gary Lineker should avoid overt “political campaigning,” according to new rules recommended in an independent report for the UK’s public broadcaster.

Caroline Brew editor Jonathan Van Ness wants to celebrate all the things that make you uniquely you in their new children’s book, “Gorgeously Me!” Acknowledging that being true to yourself is not always easy, the “Queer Eye” star’s book aims to show young readers they are loved and cherished just the way they are. “Everything I do is aimed at encouraging people to be authentically themselves and celebrate what makes them unique. There is enough love, success and joy to go around!” Van Ness said in a statement accompanying the announcement.

Newcastle United manager Eddie Howe admits he has not yet settled on his starting line-up for the Carabao Cup game against Manchester City on Wednesday night - but will make changes.

HM Revenue and Customs (HMRC) will start writing to thousands of older people this month who may have been underpaid an average of £5,000 on their State Pension due to missing information on their National Insurance (NI) record. The issue affects mostly women in their 60s and 70s who may have Home Responsibilities Protection (HRP) missing from their NI record.