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DWP Rules Out Means-Testing the State Pension as Triple Lock Signals 4.8% Rise

Labour moved to reassure retirees after a Tory conference suggestion, with final uprating figures to be set at the 26 November Budget.

Overview

  • Work and Pensions Secretary Pat McFadden told MPs the government will not means-test the State Pension and pressed Conservatives to state their position.
  • Labour MP Catherine Fookes raised constituents’ fears after a Conservative conference remark about examining means-testing the contributory benefit.
  • Conservative shadow minister Helen Whately did not clarify her party’s stance and instead criticised Labour’s record on welfare changes.
  • ONS data indicate the Triple Lock will deliver a 4.8% uprating in April 2026 based on earnings growth, taking the full new State Pension to about £241.30 a week (£12,547 a year) and the basic rate to £184.90.
  • Chancellor Rachel Reeves will confirm the uprating at the Autumn Budget on 26 November, and the frozen £12,570 Personal Allowance could pull more pensioners into income tax.