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Kieran Isgin & Sonia Sharma

All the money changes coming in May including DWP benefit payments and cost announcements

A number of financial changes are coming in May which could affect your wallet.

Among the things to look out for during the month is the first Cost of Living payment for millions of benefit claimants. Many will also see their first full month's benefit payment with the new increased rates in line with inflation.

Meanwhile, announcements are expected on inflation figures and whether the Bank of England will increase interest rates again, reports the Manchester Evening News. Here are the dates for your diary in May.

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