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Daily Mirror
Daily Mirror
Politics
Nigel Nelson

Pensioners will be just 8p better off than they were in 2009 due to soaring inflation

Pensioners will only be 8p a week better off than they were in 2009 because of soaring inflation.

A Labour analysis of Bank of England figures shows that annual pensions worth £6,930 thirteen years ago will only see a real terms increase to £6,934 by next March.

And that is £462 down on April this year at 2022 prices as rising inflation whittles away retirement income.

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