State pension to rise by 2.5% in April 2017

Weekly payments will increase from £155.65 to £159.55 while the old state pension will rise to £122.30 from £119.30The government has confirmed state pension will rise by 2.5% in April 2017, as a report shows that the “triple lock” promise on payments could push up the cost of providing the benefit by more than a third over the next three decades.From April, pensioners on the new flat rate pension will see their weekly payments increase to £159.55 from &