Pearl Jam played their first show of 2023 on Thursday in Minnesota, playing a 24-song setlist with more than a few surprises.The band brought numerous songs back to the setlist that they hadn’t aired live in some time.
16.08.2023 - 07:25 / dailyrecord.co.uk
The Triple Lock will determine the level of uprating to be applied to the State Pension for the 2024/25 financial year and pays the highest between September’s Consumer Price Index (CPI) inflation rate, earnings growth, or 2.5 per cent.
All eyes have been focused on the CPI inflation rate as being the most-likely driving factor behind the April 2024 uprating - it was 6.8 per cent for the 12-months leading up to August. However, from April to June 2023, annual growth in employees’ average total pay (including bonuses) was 8.2 per cent - this total growth rate is affected by the NHS one-off bonus payments made in June 2023.
The earnings growth figure used for the Triple Lock is based on the year-on-year increase for the period May to July, which is published mid-September. The September CPI inflation figure will be published in mid-October.
If the earnings growth figure announced next month stays at 8.2 per cent, this guarantees State Pensioners an 8.2 per cent rise next April - even if inflation continues to fall.
Helen Morrissey, head of retirement analysis at Hargreaves Lansdown, said: “Next month’s average wage figure is the one to keep an eye out for and we then have to wait until the September inflation figure is published in October before we know what the State Pension under the Triple Lock will be.
“We may not see the eye-wateringly high increase in State Pension that we saw last year (10.1%) but something in the region of 7 per cent is not out of the question. This would push up the full New State Pension to more than £11,300 per year - if we were to see an increase in the region of 8.2 per cent, it would go up to around £11,470.
She added: “This would be welcomed by pensioners who have been battling rising costs but
Pearl Jam played their first show of 2023 on Thursday in Minnesota, playing a 24-song setlist with more than a few surprises.The band brought numerous songs back to the setlist that they hadn’t aired live in some time.
RIIZE have made their debut with their new single ‘Get A Guitar’.RIIZE are a seven-member group from SM Entertainment, featuring former NCT members Shotaro and Sungchan. The duo are joined by Eunseok, Wonbin, Seunghan, Sohee and Anton.“I love it when our eyes meet / Ooh, baby, ooh / I love it when I dance with you / Drawing sunshine in the rhythm / Full of dreams in my heart,” the boyband sing on the upbeat chorus of ‘Get A Guitar’.‘Get a Guitar’ is also the title of RIIZE’s debut single album, which include the previously released song ‘Memories’.At a press conference in Seoul for the release of ‘Get a Guitar’, SM Entertainment also announced that RIIZE will also be represented by RCA Records in the US, per Forbes.“RIIZE are ushering in an exciting new era of K-pop,” said Joseph Chang, CEO of SM and Kakao Entertainment America.
The Department for Work and Pensions (DWP) recently published online guidance explaining how next of kin, or an executor of someone’s estate, can request information about State Pension underpayments - worth up to an average of £11,650 - for someone who has died. The DWP estimates that due to historical errors, some 165,000 older people have been underpaid their State Pension by £1.2billion.
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There are 22 million people across the UK claiming at least one benefit from the Department for Work and Pensions (DWP). That number includes 12.6 million older people in receipt of State Pension payments, a contributory benefit only available to those of retirement age with at least 10 years’ worth of National Insurance Contributions.
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The Triple Lock will determine the level of uprating to be applied to the State Pension for the 2024/25 financial year and pays the highest between September’s Consumer Price Index (CPI) inflation rate, earnings growth, or 2.5 per cent. The frontrunner for the uprating is currently earnings growth, which came in at 7.8 per cent (excluding employee bonuses) for the period between April and June.
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New statistics from the Department for Work and Pensions (DWP) show there are now 12.6 million people across Great Britain receiving State Pension payments of up to £203.85 each week. Basic and New State Pensions are contributory benefits which provide crucial financial support to those who have paid at least 10 years’ worth of National Insurance contributions.
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Melinda Messenger has announced her engagement to survival expert Dr Raj Joshi.The couple have had a whirlwind romance, and they got engaged while on holiday in New Zealand. The model, 52, confirmed the unexpected news on her Instagram, on Monday afternoon. She told her followers that they are getting married next year.
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