Millions of elderly Brits are set for a significant State Pension increase next April, following the finalisation of the Triple Lock mechanism by the Office for National Statistics (ONS). The Consumer Price Index (CPI) figure for September was 3.8 per cent, which means the New and Basic State Pensions will rise under the earnings growth measure of 4.8 per cent. Under the Triple Lock, the New and Basic State Pensions increase annually in line with whichever is highest between the average annual