Story perspectives

State Pension Boost Announced Amid Tax Threshold Controversy

11/25/2025

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Summary

Story summary

Rachel Reeves will announce a 4.7% state-pension increase, delivering a £550 boost to older Britons next year.
The rise, determined by the triple lock policy, will lift the full pension to over £240 weekly in 2026-27.
The tax-threshold freeze may push nine million people into higher tax brackets.
The Liberal Democrats criticised Labour for continuing the freeze.
Kemi Badenoch warned the Employment Rights Bill could hinder seasonal hiring at Christmas.

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Story summary

Rachel Reeves will announce a 4.7% state-pension increase, delivering a £550 boost to older Britons next year.
The rise, determined by the triple lock policy, will lift the full pension to over £240 weekly in 2026-27.
The tax-threshold freeze may push nine million people into higher tax brackets.
The Liberal Democrats criticised Labour for continuing the freeze.
Kemi Badenoch warned the Employment Rights Bill could hinder seasonal hiring at Christmas.