Overseas Secretary James Cleverly has stated he can’t give folks “certainty” over how a lot their pensions will enhance by subsequent 12 months.
He advised BBC Breakfast that an announcement could be made “within the very, very close to future” by the chancellor.
Prime Minster Liz Truss had beforehand stated she would persist with the triple lock, that means funds would rise by no matter is increased – inflation (as measured by the CPI), common wages or 2.5%.