Government plans in place to help elderly weather cost of living crisis this winter

The Island's elderly population has been reassured that government will continue their commitment to the pensions triple lock in next year's Budget.

It'll form part of a raft of measures geared toward helping the most vulnerable in the community with the cost of living this winter.

The triple lock sees state pensions increased by whichever is highest of average earnings growth, CPI inflation, or 2.5%.

Elsewhere the free provision of TV licenses to all residents aged 75 or more will be extended until the end of 2024, a Christmas bonus of £40 will be paid to people who receive state pensions, and the winter bonus of £350 to those who get income support.

The two combined bonuses will cost government around £2.8 million.