The Department for Work and Pensions (DWP) has announced its changes to weekly rates for many benefit payments. Every year, benefits increase in line with the inflation rates recorded for the previous September.
In September 2022, the Consumer Price Index (CPI) was marked at 10.1 per cent which benefits will rise by from April 2023. During his autumn budget, Chancellor Jeremy Hunt announced the changes to benefit rates, which will reportedly cost the government £11 billion.
In a speech, Mr Hunt vowed to "protect the most vulnerable" with the extra financial support. Read more: When the next inflation figures will be released and what it could mean for you Here's a breakdown of all the new weekly benefit payment rates which will come into effect from April, according to the government. Mobility Component Single Couple Long-term Short-term under state pension age Short-term over state pension age Contributions-based Income-based Daily Living Component Mobility Component Full New State Pension Basic Old State Pension (Category A or B) Standard allowance Couple Read next: Marks and Spencer giving away £60 worth of products to anyone who spends £25 Selena Gomez's budget skincare saviour for removing mascara that's under £4 Beauty fans ‘need’ £10 Bobbi Brown primer dupe that rivals Aldi and Primark Boots shoppers bagging £25 eye cream that ‘instantly erases’ dark circles for £9
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