The annual state pension increase for next April is "highly likely" to be based on wage growth figures which are due next month, experts have said. The triple lock guarantees the state pension rises each April by the highest out of inflation (using the previous September inflation figure), wages (average growth between May and July) or 2.5% - whichever is highest. The latest average earnings figures, including bonuses, today showed an annual increase of 4.5%. In comparison, inflation remains at

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