See every side of every news story
Published loading...Updated

DWP confirms which benefits will be targeted first in bank checks crackdown - Liverpool Echo

  • The Department for Work and Pensions released an update detailing how individuals claiming Universal Credit, Pension Credit, and Employment and Support Allowance will be targeted in new bank account checks, set to begin in 2026 with the implementation of the Public Authorities Bill.
  • The government aims to save £8.6 billion over five years by cracking down on benefit fraud, addressing the almost £10 billion lost annually due to fraud and error in the social security system, and the £35 billion incorrectly paid since the pandemic.
  • The DWP will require banks and financial institutions to cross-check benefit claimants' accounts against 'specific eligibility indicators' based on benefit qualification rules, such as the £16,000 capital limit for Universal Credit, income-based Jobseeker's Allowance, and Housing Benefit .
  • When a bank receives an eligibility verification alert, it will share information with the DWP, including account details, the account-holder's name and date of birth, and triggered eligibility indicators; however, the DWP clarifies that these powers will not grant access to claimants' bank accounts or information on how they spend their money.
  • While the initial focus is on benefits with the highest incorrect payments, other benefits could be added in the future with Parliamentary approval through affirmative regulations, excluding the State Pension, and a human will always be involved in decisions affecting benefit awards or eligibility.
Insights by Ground AI
Does this summary seem wrong?

12 Articles

All
Left
2
Center
4
Right
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 67% of the sources are Center
67% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Belfast Live broke the news in Belfast, United Kingdom on Saturday, March 29, 2025.
Sources are mostly out of (0)

Similar News Topics

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.