State Pension Likely to Rise by 3.9% Next April

The UK state pension is likely to rise by 3.9% next April, according to the latest jobs and pay data, BBC reported. The increase would be set under the triple lock, which lifts the pension by the highest of average wage growth, inflation or 2.5%. The Office for National Statistics said average wage growth between May and July slowed. It also said the number of vacancies in the UK shrank while the number of people claiming unemployment benefits rose.