UK state pensioners are angry that, despite the increase in Triple Lock payments, they will still suffer a real loss of income due to the rising cost of living under the new Labour government. Almost 500,000 state pensioners meanwhile will not be able to claim the promised £475 payout next year as has been billed and further aggravate such adverse conditions. The country has continued the Triple Lock system which ties the increase of pensions to the growth in average earnings, the rate of inflation or 2.5%, whichever is the highest. The government has projected an increase of 4.1% which is in …