The Department for Work and Pensions (DWP) has confirmed that a benefits payment boost will be announced later in 2022.
The primary causes of the impending rise are inflation and wage levels. The "national economic situation" amid the worsening cost of living crisis will also be taken into account when deciding the new rates.
All benefits get a yearly boost each April, with a 3.1 per cent rise for the 2022/23 financial year. This boost was calculated using inflation as of September 2021, which was far lower than it is now.
