Across the UK, an estimated 19.2 million families and 39.8 million individuals are currently receiving State Pension or other benefits from the Department for Work and Pensions (DWP) and HM Revenue and Customs (HMRC).
And for many, they will see their payments go up by 10.1 per cent next year., as reported by the Daily Record.
It comes after Jeremy Hunt's Autumn Statement which he delivered on Thursday (November 17) where he confirmed that the State Pension, disability and working age benefits will see the increase which is set to come into force from April 2023 in line with the rate of inflation in September, at a cost of £11 billion to the UK Government. The Chancellor added that there had been some arguments to uplift working age and disability benefits below the level of inflation, but said that “would not be consistent with our commitment to protect the most vulnerable”.