Pensioners: Greater London

(asked on 7th November 2023) - View Source

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, what recent assessment his Department has made of the potential impact of inflation on pensioners in (a) Enfield North constituency, (b) the London Borough of Enfield and (c) London.


Answered by
Paul Maynard Portrait
Paul Maynard
Parliamentary Under-Secretary (Department for Work and Pensions)
This question was answered on 14th November 2023

No such assessment has been made of the impact of inflation on pensioners in (a) Enfield North constituency, (b) the London Borough of Enfield and (c) London.

The Government understands the pressures people are facing with the cost of living and is taking action to help. Overall, we are providing total support of over £94bn over 2022/23 and 2023/24 to help households and individuals with the rising cost of bills. This includes 8.7m pensioner households who received a £300 Cost of Living Payment last winter as an addition to the Winter Fuel Payment. Pensioners will also receive a further £300 additional payment later this year in their Winter Fuel Payment.

In April, the State Pension saw its biggest ever rise, increasing by 10.1%. The full yearly amount of the basic State Pension will be over £3,050 higher, in cash terms, than in 2010. That’s £790 more than if it had been uprated by Prices, and £945 more than if it had been uprated by earnings (since 2010).

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