A payment boost will be announced for all state benefits later this year, the Department for Work and Pensions has confirmed. The increase is decided based on inflation and wage levels, as well as the cost of living crisis.
As a result, it is possible that there may be a considerable increase in payment amounts for those of Universal Credit, PIP and other benefits. Each April, all payments get an increase - with a 3.1 per cent increase in place for this financial year (2022/2023). This figure was based on inflation in September 2021 but is well below the current CPI rate of 9.3 per cent.
There are more than 31 million people claiming benefits in Great Britain - including 5.8 million on Universal Credit, 2.8 million each on Housing Benefit and Personal Independence Payment (PIP), plus 1.8 million in receipt of Employment and Support Allowance (ESA). There is some crossover, with 23 million people getting a combination of benefits.
