Lidl is offering thousands of pounds to anyone who can find a new site for its latest Manchester store.
11.04.2022 - 11:03 / dailyrecord.co.uk
State Pension payments have risen by 3.1% in line with the Consumer Price Index rate of inflation in September 2021, instead of the 8% boost that would have happened if the Triple Lock policy had not been suspended due to the increase in earnings, which was deemed to be unfairly inflated by the coronavirus pandemic.
The 3.1% increase means that the basic State Pension has now risen to £141.85 per week from £137.60 and the full new State Pension has gone up to £185.15 from £179.60.
State Pension currently provides essential financial support for over 12.4 million older people across the UK, including 981,399 retirees living in Scotland.
Inflation has now soared to 6.2% and is expected to go even higher as the prices of food and energy are rising even more quickly, leaving many older people struggling financially.
Helen Morrissey, senior pensions and retirement analyst at Hargreaves Lansdown, said: “Pensioners are bracing themselves for a tough time ahead as soaring inflation takes enormous bites out of their purchasing power. This year’s 3.1% increase in State Pension is no match for inflation that currently stands at 6.2% and is set to go even higher in the coming months.
“Many pensioners will have other sources of income they can draw from but those largely, or wholly reliant on the State Pension will certainly struggle, especially as they spend a greater proportion of their income on the things that are rising steeply - energy and food.”
However, Helen pointed out that if high inflation sticks around for the rest of the year and then starts to fall back, older people could get a good increase next April, but that this is little comfort to those struggling now.
An increase of 8% next year would see those on the full, new State
Lidl is offering thousands of pounds to anyone who can find a new site for its latest Manchester store.
State Pension provides essential financial support for over 12.4 million older people across the UK, including some 981,399 individuals living in Scotland.
New data from the Office for National Statistics (ONS) shows that around eight in 10 eligible employees had a workplace pension in April last year despite the tough economy.
Amyl and the Sniffers have made their US television debut with an appearance on Late Night With Seth Meyers, delivering a raw, blistering rendition of their song ‘Hertz’.The track is lifted from the band’s second studio album, last year’s ‘Comfort To Me’, serving as its final single. Upon its release, frontwoman Amy Taylor called the song “a daydream about being repulsed by confinement, and frustrated over being stuck in one place”.Watch Amyl and the Sniffers perform ‘Hertz’ on Seth Meyers below:Amyl and the Sniffers are currently in the midst of a North American tour that includes appearances at Coachella and headline shows in Texas, Atlanta, San Francisco, Seattle, Chicago, Toronto, New York and more.Next month, the band will embark on a UK and European run that will include a slot at Wide Awake Festival in London, plus headline dates at O2 Academy Brixton, Bristol and Oxford.
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The Department for Work and Pensions (DWP) has responded to an online petition calling for State Pension payments to be increased to £380 per week to match the new National Living Wage rate, saying that the UK Government “disagrees” with its proposed approach.
A petition calling on the UK Government to increase State Pension payments to match the new National Living Wage rate has been signed by more than 35,300 supporters across every council area in Scotland, England, Wales and Northern Ireland.
Each Bank Holiday, payment dates change for people on Universal Credit, PIP, State Pension and other benefits.
A petition calling on the UK Government to increase State Pension payments to £19,760 per year, the equivalent to £380 each week, has received more than 30,000 signatures of support and is currently awaiting an official response from the Department for Work and Pensions (DWP).
State Pension and most benefits delivered by the Department for Work and Pensions (DWP) including Universal Credit, Personal Independence Payment (PIP) and Jobseeker's Allowance (JSA) will increase by 3.1 per from today.
NEW YORK -- Camila Cabello says she found joy in her roots while working on “Familia,” her new studio album. The pop singer and songwriter, born in Havana to a Cuban mother and a Mexican father, immersed herself in the music she listened to while growing up and even ventured to write for the first time a couple of songs fully in Spanish."I was curious what the process would be, because my process in English is very like me on a mic, and I just sing whatever kind of comes to my head, including lyrics.