UK triple-lock pension rise to 3.9% lifts state pension to £13,000, breaching tax threshold

UK wage growth slowed to 3.9%, triggering a 3.9% rise in the state pension under the triple lock, lifting it to about £13,000 next year. This breaches the £12,570 personal allowance, though pensioners with no other income remain tax-exempt. The move adds billions to fiscal costs, intensifying debate over pension affordability ahead of the next election.