19 Hrs
Source:
The Guardian
UK firms reduce staff as wages slow
The UK government is expected to increase the state pension by 3.9% next year, based on recent wage growth data showing a 3.9% rise in earnings. This increase, under the triple-lock system, will likely take the full New State Pension above £13,000 annually, pending September’s inflation figures. The upcoming rise reflects ongoing wage growth and the continued application of the triple lock, though debates around its long-term affordability persist.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)