Inflation at 5.1% is another blow to pensioners
Latest inflation numbers show State Pension rise of 3.1% will leave poorest pensioners struggling. Pensioners have been stripped of the protection they were promised and many will struggle to afford heating. The poorest pensioners have lost the earnings inflation protection for Pension Credit that was in law for around 20 years. The latest inflation figures showing CPI inflation reached a two-year high of 5.1% last month, confirm again that the 3.1% increase for State Pensions is completely inadequate to protect…