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The Independent UK
The Independent UK
Business
Vicky Shaw

Stubbornly high inflation ‘could pave way for state pension boost next year’

PA Archive

Stubbornly high inflation could pave the way for another bumper state pension boost next year, if the “triple lock” is maintained, according to a finance expert.

September’s inflation figure is used to help calculate the triple lock, and projections indicate that Consumer Prices Index (CPI) inflation could still be sitting at around 7% this autumn.

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