 POOL/AFP via Getty Images) Around 12.5million people who receive the state pension were told they could be up to £472 a year worse off under the plan. Chancellor Jeremy Hunt will announce in the Autumn Statement on Thursday how much pensions will go up next April. More than 5.7million on Universal Credit will also be told if their benefits will rise with inflation. Mr Sunak, who is attending the G20 summit in Indonesia, last night indicated that he will keep the triple lock in place, meaning pensions will go up by 10.1%. That would mean a rise of around £18.70 on the New State Pension, from £185.15 to £203.85. The Prime Minister said: 'I care very much about… pensioners, particularly when it comes to things like energy and heating because they are especially vulnerable to cold weather. 'I am someone who understands the particular challenge of pensioners. They will always be at the forefront of my mind. Image: Getty Images/iStockphoto) Getty Images/iStockphoto) 'Conservative governments have got a good track record of protecting p){kind=link}
The Prime Minister has given his strongest hint yet that the state pension will rise with 10.1% inflation in April, saying pensioners ‘will always be at the forefront of my mind’
Rishi Sunak has given his strongest hint yet that he will protect the triple lock as he insisted he “cares very much” about pensioners.
The PM had threatened to snatch hundreds of pounds from people’s pockets with a raid on the state pension.
Following an outcry at his suggestion he could break a key manifesto promise on raising pensions, he signalled yesterday he would back down.
But he refused to apologise for the worry he has caused for those struggling to make ends meet.