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Published 1 year ago

UK will increase state pensions and benefits in line with inflation

Summary by Ground News
British finance minister Jeremy Hunt says he will raise state retirement and welfare benefits payments in line with inflation. Hunt said he would raise benefit payments by 10.1%, which would cost about 11 billion pounds ($12.99 billion) The government was also committed to the 'triple lock', a government promise to raise publicly-funded pensions by whichever is higher.

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