Inflation Hits DWP Pensioners in UK, £459 Drop in Annual Pension and Benefits Expected

Inflation Hits DWP Pensioners in UK by £459

Inflation is having a severe impact on pensioners in the UK, with many facing a £459 drop in real-term annual income. Despite increases in the State Pension under the triple lock, the DWP benefit cap and the rising cost of living continue to create financial pressure. Government Cost of Living Payments provide some support, but long-term measures are needed to alleviate the burden on pensioners.