General   (General discussion, talk about anything.)

"Pensioners will receive an 8.5% rise in the basic state pension next April, unless the May to July earnings figures published today are revised next month. By then, inflation could be 4% or so, if the Bank of England’s forecasts turn out to be correct (very much NOT a given). So this would represent a very significant real increase in pensioners’ income. I suspect that on the
@therestismoney
podcast tomorrow we will discuss inter-generational unfairness in the management of the economy because older retired people have faired so much better than younger working people over 15 years because of asset and house price rises and the impact of the government’s “triple lock” on pension increases"
So says Robert Peston