I heard it first here from the great Paul Lewis
There will be yet another major(ish) Treasury pre-Budget announcement – this one about state pension – at 1030 tonight (Sunday) I will tweet it with analysis at that time.
— Paul Lewis (@paullewismoney) November 23, 2025
I went to bed and woke to find this.
A 4.8% rise in the basic old state pension and the standard new state pension means they will rise from 6 April 2026 from £176.45 a week to £184.90 (old SP) and from £230.25 a week to £241.30 (new SP). All other bits SERPS, GRB, deferral, protected amount will rise by 3.8%
— Paul Lewis (@paullewismoney) November 23, 2025
So far so good , but neither so simple nor explicable.
Govt confirms state pensions will rise with triple lock in April, gives approximate figures, stresses the bigger cash rise for minority on new state pension not the smaller cash rise in the old, & ignores that all additions, paid mainly with old state pension, will only rise with…
— Paul Lewis (@paullewismoney) November 23, 2025
Begging Sarah’s question
Why are there 2 levels of state pension, old and new? How is that fair???
— Sarah Bond 💙 🌻🧡 (@SheLovesTweets) November 23, 2025
More in a moment.
