People who claim benefits will see an increase in their payments as of next month. Benefits such as the state pension, Universal Credit and Carer’s Allowance are among those that will see a 10.1% increase in line with inflation.
The decision to raise benefits was announced by the Chancellor, Jeremy Hunt, in his Budget in November. Speaking at the time, Mr Hunt said he was committed to “protecting the most vulnerable”, with around 10 million households set to benefit from the extra financial support.
As well as the increase, there will be additional support for those who need it most with the likes of the cost of living payments, pensioner winter fuel bonus and disability cost of living payment.
