BREAKING: Rishi Sunak promises to increase Universal Credit by £1,000 per year
Rishi Sunak has increased the Universal Credit standard allowance for the next 12 months by £1,000 a year.The Chancellor said: ‘Together these measures will benefit over four million of our most vulnerable households.’
In the latest round of the government’s ‘exceptional package of support’ to get businesses and individuals through the coronavirus crisis, Mr Sunak said he is ‘strengthening the safety net’ for the self-employed by suspending the minimum income floor for anyone affected. It means self-employed people will be able to access Universal Credit at a rate equivalent to statutory sick pay for employees.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Government to pay up to 80% of wages in coronavirus outbreakRishi Sunak announces scheme offering up to £2,500 a month to those not working
Read more »
Chancellor prepares wage package rescue planRishi Sunak is expected to launch a fresh package of measures to try to protect millions of UK jobs.
Read more »
Universal Credit standard allowance increased to ease coronavirus cash crisisUNIVERSAL CREDIT cash is to be boosted as the standard allowance is to be raised by £1,000 a year, the chancellor has announced this evening. Working tax credit will be upped by same amount too …
Read more »
All Universal Credit and benefits appointments SCRAPPED for 3 months over coronavirusALL Universal Credit and benefit appointments have been scrapped for three months over the coronavirus. The Department for Work and Pensions today announced claimants can have a much needed …
Read more »
Iain Duncan Smith says universal basic income during coronavirus pandemic would be 'disincentive to work'Former work and pension secretary says his Universal Credit scheme would be a better way of dealing with disease
Read more »
Brits suspected of having coronavirus could be detained for six weeks or finedThe Emergency Coronavirus Bill could be forced through in the next few days, giving police and NHS staff extra powers as the Government looks to clamp down on its fight against Covid-19
Read more »