People on DWP benefits will see their payments rise by more than 10% in the next financial year. The move is aimed at helping the households with the lowest incomes deal with the rising costs of everyday items.
Over recent months everything from gas and electricity to fuel and food has spiralled in price. The rising cost of living has sparked warnings that the poorest families will be facing a major real-terms cut in their benefit payments.
Chancellor Jeremy Hunt announced in his Autumn Statement that Department of Work and Pensions benefits would incease by 10.1% from April 2023. According to Birmingham Live this means it will see those on the highest rate of both elements of PIP receive a monthly payment of almost £700.
