The new state pension, for people who reached pension age after April 2016, could rise from £221.20 weekly to £230.30 in April. The old basic state pension could rise from £169.50 to £176.45.
Rich Britons will feel the most pain in the budget, the chancellor has said. Rachel Reeves said those with the "broadest shoulders" would "bear the largest burden" of expected tax rises on 30 October.