Exact date Universal Credit payments will increase for millions

  • 📰 Netmums
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

Universal Credit is set to go up next week increasing 5.5 million families' payments by an average of £470 per year

Around 5.5 million families who claim Universal Credit will see a boost to their payments from next week. This is because Universal Credit is increasing by 6.7% in line with inflation.

A statement from the DWP later confirmed: ‘In 2024/25, around 5.5 million Universal Credit families are forecast to benefit from uprating.’ When exactly will I see the Universal Credit increase? If you claim Universal Credit, you will start to see changes in your payments from 8 April.How much will I get? Speaking in the Autumn Statement, Jeremy Hunt said the change would be an ‘average increase of £470 for 5.5 million households’ per year. This amounts to around £39 extra per month.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 42. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

DWP confirms huge Universal Credit boost for millions worth £470 a yearThe changes will see most people get more money
Source: LiveLancs - 🏆 10. / 87 Read more »

DWP giving people Universal Credit benefits £470 boost from AprilMore money is being given to people on Universal Credit
Source: leedslivenews - 🏆 118. / 51 Read more »

DWP Universal Credit payments £470 increase this weekMore than 5 million people will see their Universal Credit payments increase by an average of £470 this week
Source: SunScotNational - 🏆 49. / 63 Read more »

DWP Universal Credit claimants set for £470 cash boostDWP will pay people on Universal Credit more money
Source: EchoWhatsOn - 🏆 74. / 59 Read more »

Exact dates DWP Universal Credit, PIP, HMRC Child Benefit and more will riseBenefit rates will change significantly in the coming days
Source: MENnewsdesk - 🏆 23. / 69 Read more »

Exact dates when Universal Credit claimants will get payment riseThe new payment rates start to come into force from the first working week of the new 2024/25 financial year
Source: nottslive - 🏆 96. / 52 Read more »