State pension to rise £4.40 a week next year in smallest possible increase

The state pension will increase by £228.80 a year in 2021 (Picture: PA)

The state pension is set to rise by £4.40 a week next year, which is the smallest rise possible.

The increase means pensioners will see an increase from £175.20 to £179.60 a week, which is an increase of £228.80 a year.

It comes after the inflation rate rose to 0.5% in September from 0.2% in August.

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