Money Saving Expert Martin Lewis has issued a warning to anybody on Universal Credit in the UK. There are currently around 2.6 million people in the country who are receiving the benefit payment.
He's warned a new system is coming into place which will see millions of people worse off than they are now. This comes just before the cost of living crisis is set to worsen.
"We have a situation where Universal Credit itself hasn't been uprated by the current level of inflation because it was the older level of inflation when it was lower," the money expert said. You're [The government is] actually going to move people onto a new system where they can earn substantially less amid a cost of living crisis, we are again throwing some of the poor in society under the bus [...] do the Government not understand the timing?"
