Taylor Swift in Germany (Image: Getty)
Pensioners may not be Taylor Swift's target audience, but they should welcome the pop sensation's return to the UK because it means more money in their pockets, experts say.
Fans known as Swifties enjoyed sell-out concerts in Edinburgh, Liverpool, Cardiff and London earlier this year, before the singer departed Britain for shows in Dublin and across Europe. They included three in Vienna that were cancelled due to a security threat.
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Ms Swift is now expected to provide a boost to the nation's economy when she returns for five shows at Wembley Stadium starting on Thursday.
This could have an impact on next year's state pension increase which is based on inflation figures for September, according to David Luxton, deputy general secretary of the Civil Service Pensioners' Alliance and a spokesman for campaign group Later Life Ambitions.
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He said: "Taylor Swift is the pensioner’s friend.
"Her sell-out shows around the UK, culminating in this week’s gigs in London have boosted inflation at just the right time for the UK’s older people.
"Higher inflation in September translates into a higher than expected increase for pensions from next April."
Mr Luxton said this would be particularly welcome after Chancellor Rachel Reeves announced that the winter fuel allowance, previously paid to everyone over state pension age, will now only be paid to pensioners receiving pension credit.
"The UK’s pension is still one of the least generous in the western world so we need all the help we can get, especially as the Winter Fuel Allowance has been axed by the Chancellor."
Economists have identified a phenomenon known as "Swift lift", referring to the boost her global tour is having on hotel prices and the wider hospitality sector.
The state pension triple-lock means next year's increase must be the highest of two percent, the average increase in earnings or the September Consumer Prices Index, which is published mid-October.
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However anything that tends to increase inflation may be bad news for mortgage holders, as it means the Bank of England's Monetary Policy Committee is less likely to cut interest rates when it next meets on September 19, and will not be welcomed by the Chancellor, who is to deliver a Budget statement on October 30.
Inflation is currently at the target rate of two percent but the Bank of England expects it to rise to 2.75 percent before falling again. The Bank cut interest rates from from 5.25 percent to 5 percent earlier this month and future cuts are possible, but only if inflation remains low.