Tracy Gilbert, Scottish Labour Member of Parliament for Edinburgh North and Leith, has today welcomed the announcement that 78,393 individuals in Edinburgh will benefit from an increase in the state pension, a significant boost for pensioners in the constituency.
The rise will help alleviate some of the financial pressures that many pensioners face, providing them with greater security and stability in their later years.
Tracy Gilbert MP said: “Across the city 78,393 people will see an increase in their state pensions. This is exactly the kind of action that the Labour Government will take to support those who have worked hard.
When budgets are tight this will be a much-welcomed increase. It is a reminder that Labour will always fight to protect pensioners and ensure they can retire with dignity and security.”
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£470 a year sounds good until it is divided by 52. Just over £9 a week is not nearly so impressive. That does not buy a lot these days.