A special post-Budget edition of the The Martin Lewis Money Show Live on Thursday provided viewers with a bit more information on changes to benefits announced by Chancellor Rachel Reeves in the Autumn Budget on October 30.
The consumer champion explained which benefits will be rising and by how much, changes to Universal Credit deductions and an increase to the weekly Carer’s Allowance earnings limit.
Martin Lewis took a minute to thank unpaid carers across the UK for the “amazing work” they do as he explained how the weekly earnings limit will rise from £151 per week to £196, equivalent to 16 hours at the national minimum wage.
He also revealed that weekly Carer’s Allowance payments will go up from £81.90 to ££83.29. The financial guru shared good news for Universal Credit claimants receiving less money each month due to debt deductions.
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