The government has announced some major changes for people receiving Universal Credit.
Today, Chancellor Kwasi Kwarteng revealed that new measures will be introduced which he says will 'help people on low incomes secure more and better paid work'. But he also said Universal Credit claimants who earn less than the equivalent of 15 hours a week at the National Living Wage will be at risk of having their benefits reduced if they do not take steps to increase their earning.
The new measure will make around 120,000 claimants take active steps to seek more and better-paid work or face having their benefits reduced. Meanwhile, jobseekers over the age of 50 will be given extra time with their work coaches, supposedly combating the "rising economic inactivity in the over 50s" which "is contributing to shortages in the jobs market, driving up inflation and limiting growth".
