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720k more working or disabled households in poverty if Universal Credit rise axed
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mirror.co.ukSlashing £20-a-week from Universal Credit would plunge 720,000 people in working or disabled households into poverty, research warns today.
Six million families are anxiously waiting to hear if they will be stripped of a £1,040-a-year lifeline when Chancellor Rishi Sunak delivers his Budget next month.
The Government announced a temporary hike in its flagship welfare payment last March to help hard-up households battle the coronavirus crisis.
The move costs the Treasury more than £6billion annually and is due to be axed at the end of next month. Mr Sunak is under mounting pressure to extend the rise beyond April when he announces tax and spending plans on March 3.
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