State pension likely to rise by 3.9% next April

Quick Summary

Recent developments have brought attention to state pension likely to rise by 3.9% next april. The state pension rises by the highest of wage growth, inflation or 2 The significance of this development extends beyond the immediate circumstances.

Why It Matters

This development is significant for those following economics and related developments.

Key Developments

The state pension rises by the highest of wage growth, inflation or 2

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analysis

əˈnæləsɪsnoun

Meaning: detailed examination of something

Easy meaning: A careful study of something to understand it.

In this article: analysis

Example: The analysis revealed important trends.

Synonyms: study, examination, review, investigation

Antonyms: guesswork

development

Meaning: a new event or change

In this article: development

Example: The development surprised many.

significant

sɪɡˈnɪfɪkəntadjective

Meaning: important or notable

Easy meaning: Big or important enough to matter.

In this article: significant

Example: The finding was significant.

Synonyms: important, notable, meaningful, considerable

Antonyms: minor, trivial, insignificant

circumstance

Meaning: a fact or condition

In this article: circumstances

Example: The circumstances were unusual.

inflation

/ɪnˈfleɪʃən/noun

Meaning: An act, instance of, or state of expansion or increase in size, especially by injection of a gas.

Easy meaning: An act

Example: The inflation of the balloon took five hours.

Synonyms: price rise, devaluation

Antonyms: deflation

highest

/ˈhaɪ.ɪst/adjective

Meaning: Very elevated; extending or being far above a base; tall; lofty.

Easy meaning: Very elevated

Example: The balloon rose high in the sky. The wall was high. a high mountain

Antonyms: low

circumstances

/ˈsɜːkəmst(ə)nsɪz/noun

Meaning: That which attends, or relates to, or in some way affects, a fact or event; an attendant thing or state of things.

Easy meaning: That which attends

developments

noun

Meaning: The process of developing; growth, directed change.

Easy meaning: The process of developing

Example: The development of this story has been slow.

immediate

/ɪˈmiːdɪət/adjective

Meaning: Happening right away, instantly, with no delay.

Easy meaning: Happening right away

Example: Computer users these days expect immediate results when they click on a link.

Synonyms: instant, present, indubitable, self-evident, close

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Knowledge Check

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True or False: "The state pension rises by the highest of wage growth, inflation or 2 The significance of this development extends beyond the immediate circumstances."