Universal Credit is to be increased by £1,000 a year as the government announced ‘unprecedented’ emergency economic measures to deal with coronavirus.
In a £7bn welfare support package, working tax credits and housing benefit will also be increased and claimant rules relaxed for the self-employed.
Following criticism that the Chancellor’s £350bn bail-out earlier this week was focused on businesses but not on workers, he said the latest measures would help ‘four million of the most vulnerable households’.
Alongside the rise in benefits payments, Rishi Sunak said the minimum income floor for the self employed would be scrapped so that they can claim Universal Credit. ''I'm strengthening the safety net for self-employed people too by
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