People who receive Universal Credit and a host of other state benefits and pensions will see their payments increase from April. The amount will rise in line with the previous September rate of inflation.
The Consumer Price Index (CPI) inflation for September 2022 was 10.1% – so benefits will rise by this amount from April 2023. The exact date the new rates will kick in from is April 10 but when you start to receive your higher amount depends on when your benefit payment normally falls.
The move was announced by chancellor Jeremy Hunt in his Budget last November last year. It will cost the Exchequer £11bn,
