This April 24,449 pensioners in North West Norfolk will benefit from a 10.1% increase in the Basic State Pension
- Millions of pensioners across the UK live on fixed incomes making them particularly vulnerable to rising prices as a result of high inflation
- 12.5 million pensioners across the UK will benefit from the Government's 10.1% increase in the Basic State Pension from April 2023 alongside our plan to halve inflation this year
James Wild MP has welcomed news that 24,449 pensioners across North West Norfolk will receive this increase to their pensions from this month, protecting pensioners from the effect of rising prices. This is the biggest ever cash increase in the state pension and will automatically be applied to pensioners' payments, demonstrating the commitment to supporting pensioners in the face of rising prices.
In addition, pensioners will benefit from another £300 Pensioner Cost of Living Payment this winter, continuing the direct support to those groups most vulnerable to the effects of inflation. This is helping to deliver on Prime Minister, Rishi Sunak's, five priorities including to halve inflation.