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16.11.2022 - 13:39 / dailyrecord.co.uk
New figures released by the Department for Work and Pensions (DWP) reveal that more than four million children are living in families which receive Universal Credit. The official data shows that in August, some 4,030,796 children were living in households receiving the benefit - an increase of 124,471 since May when the figure was 3,906,325.
Overall, the number of children living in families which get Universal Credit has risen by 250,000 in six months, between February and August this year. Campaigners have now sounded the alarm ahead of Thursday’s Autumn Statement calling for immediate, targeted action to protect the poorest households from the soaring cost of living which has now risen to 11.1% in the 12 months to October.
Save the Children is calling for Chancellor Jeremy Hunt to commit to increasing benefits in line with inflation - 10/1% for September - during his budget on Thursday. The charity also wants to see an increase to the child element of Universal Credit by £10 per week.
The latest DWP figures also suggest that almost three-quarters (73%) of families on Universal Credit in August were single-parent households. More than a quarter (28%) of children in families receiving the benefit are aged four or younger.
Overall, half of the households on Universal Credit with a payment in August included children, the DWP said.
Dan Paskins, director of UK impact at Save the Children UK, called the rise “staggering” and “shameful”.
He said: “Children are facing the toughest economic climate in decades and for those in families on Universal Credit, the crisis and potential recession are the latest in over a decade of real term cuts to social security.
“Growing up in a family receiving Universal Credit in 2022 is
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The Department for Work and Pensions (DWP) has announced that it will continue to encourage more than 11 million older people to check if they qualify for an annual income top-up worth, on average, more than £3,500 throughout December and the new year.
Half of households in Scotland relying on Universal Credit have suffered deductions in their benefit payments, figures show.
Millions of people across the UK claiming disability benefits from the Department for Work and Pensions (DWP) and Social Security Scotland are set for a bumper payment boost next year following the Autumn Statement.
Basic and New State Pension payments will increase next year by 10.1% after weeks of uncertainty for nearly 12.5 million older people across the UK. The Department for Work and Pensions (DWP) had declined to commit to whether the Triple Lock rule would return for the 2023/24 financial year after a temporary pause due to the economic fallout from the coronavirus pandemic.
An estimated 19.2 million families and 39.8 million individuals across the UK currently in receipt of State Pension or benefits from the Department for Work and Pensions (DWP) and HM Revenue and Customs (HMRC) will see their payments go up by 10.1% next year.
Chancellor Jeremy Hunt has announced that State Pension, Pension Credit and benefits will be uprated in line with inflation next year. Delivering his Autumn Statement to the House of Commons on Thursday, Mr Hunt confirmed an increase of 10.1% from next April at a cost of £11 billion for the UK Government.
The UK has officially fallen into a recession, which will push more than 500,000 people into unemployment, according to a new forecast from the Office for Budget Responsibility (OBR).
Chancellor Jeremy Hunt announced a series of new cost of living payments to help millions of households across the country mitigate soaring inflation and ever-increasing energy bills. The new cost of living support package is worth £26 billion in 2023-24, in addition to benefits uprating, which is worth £11 billion to working age households and people with disabilities.
There are more than 20 million people across the UK claiming benefits or State Pension from the Department for Work and Pensions (DWP). Some benefits such as Universal Credit can be a lifeline for those out of work or on a low income, providing crucial financial support to cope with daily living costs.
Jeremy Hunt will deliver the Autumn Statement on Thursday, where he is expected to raise taxes and cut public spending in order to balance the books. The Chancellor of the Exchequer has warned that everyone will have to pay "a bit more tax" and that "sacrifices" will have to be made following the disastrous mini-budget in September.
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A pensions expert is warning 12.5 million older people across the UK to prepare for a financial blow next week when Chancellor Jeremy Hunt delivers the Autumn Statement. Ray Black, managing director of chartered financial planning firm, Money Minder, suggests there may be “continued restrictions on State Pension uprating”, higher taxes and more controversially, an increase to National Insurance contributions from April announced on November 17.