1.2 million Universal Credit claimants to see £420 income boost from today - Liverpool Echo
- The UK government lowered the Universal Credit deduction cap from 25% to 15%, effective April 30, 2025, benefiting 1.2 million households.
- This change was announced by the Chancellor during the Autumn Budget as one of several measures designed to enhance living standards and help ease financial pressures.
- It applies to all assessment periods starting on or after April 30 and affects debt repayments taken from Universal Credit standard allowance payments.
- Chancellor Rachel Reeves announced that from today, an estimated 1.2 million families will receive increased Universal Credit payments, resulting in an average annual benefit of £420 more per household.
- The reduced deduction rate aims to help households sustain debt repayments while retaining sufficient funds for daily needs, improving financial security overall.
46 Articles
46 Articles
Pay rise for millions on Universal Credit coming in DAYS as benefits hiked
MILLIONS on Universal Credit will start seeing extra cash land in their bank accounts within days. The Department for Work and Pensions boosted most benefit payments by 1.7% from April with the State Pension also jumping by 4.1%. Millions on Universal Credit will start to see an increase in payments But due to how Universal Credit is paid (based on monthly assessment periods) most families haven’t seen the hike just yet. Those whose assessment p…
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