The state pension will increase by 10.1% - but retirees have been issued a warning.
Delivering the autumn statement, Jeremy Hunt said the Government will fulfil its pledge to protect the triple lock, meaning that the state pension will increase in line with inflation.
The full new state pension is currently £185.15 per week - so a 10.1% increase would push that figure up to £203.85. For those on the full, old basic state pension, who reached state pension age before April 2016, the increase means a weekly rise from £141.85 to £156.20.
