There is an estimated 39.8 million people, and 19.2 million families across the UK, who currently claim State Pension or other benefits from the Department for Work and Pensions (DWP), and HM Revenue and Customs (HMRC).
Millions will see their benefit payments go up by 10.1 per cent in line with September 2022's inflation rate, reports the Daily Record. This was confirmed by Chancellor Jeremy Hunt in November's Autumn Statement, and will come into affect from April 2023.
This will come at a cost of £11 billion to the UK Government. The uprating means that on average, a family on Universal Credit will benefit by around £600 next year.
