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Daily Mirror

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Sam Barker

Universal Credit payments WON'T be cut by ISA savings under new housing boost plans

Universal Credit Boris Johnson Lifetime Lifetime ISA

Savers will not have their Universal Credit payments reduced under plans announced by Prime Minister Boris Johnson today.

If carried out, the plans mean anyone saving to buy a home or for retirement with a Help to Buy or Lifetime ISA will keep access to Universal Credit.

But the plans mean anyone saving into a standard cash or investment ISA will still find this affects their benefits - depending on how much they have.

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