“The triple lock will pay this, or even more if earnings growth is higher again. 

“Without the Government doing any further tinkering, this could put state pensioners on target for a bumper increase in 2023, potentially the highest increase ever, compensating for the relatively low increase this April.”

Mr Cameron recently added the increase would only be possible after Britons get through a “long, cold winter” and financial challenges this year.

He continued: “It is still unclear whether the Chancellor will provide temporary or targeted support for those in greatest need.

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