State pensioners across the UK are set to get up to £12,547 annual payments from the Department for Work and Pensions ( DWP ) in an announcement expected on Wednesday.

The autumn Budget will be delivered by Chancellor Rachel Reeves on November 26 which will outline tax, spending and borrowing plans for the year ahead. Among the announcements, Reeves is expected to confirm an increase to the State Pension rates for 2026 with pensioners set to receive a bigger than anticipated boost. The government increases State Pension rates every year, with the increase determined by whichever is the highest out of three factors - known as the ‘ triple lock ’. These are the consumer price index (CPI) measure of inflation (measured for September in the previous year), average wage growth betw

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