Pensions could rise by more than 7% next April after the Tory DWP chief promised to bring back the triple lock - despite soaring inflation.
Therese Coffey said she will keep a pledge to base April 2023’s state pension rise on average wages, 2.5%, or this September’s CPI inflation figure - whichever is highest.
That will likely see a bumper rise for pensioners next Spring - but only after a year of hefty real-terms cuts.
