Shrinking value of Universal Credit payments revealed
2 posters
Page 1 of 1
Shrinking value of Universal Credit payments revealed
by Pintel Wed Feb 19, 2020 12:17 pm
I found this and thought this is worrying trend.
In April 2013 the Universal Credit rate was £246.81 for under 25s and £311.55 for those aged 25 or over. By April 2019 the Universal Credit rate was £251.77 for under 25s and £317.82 for those aged 25 or over.
However, when considering RPI, the real value of Universal Credit has dropped since April 2013 from £285.09 for under 25s and from £359.87 for those aged 25.
https://welfareweekly.com/shrinking-value-of-universal-credit-payments-revealed/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+welfareweekly1+%28Welfare+Weekly%29
In April 2013 the Universal Credit rate was £246.81 for under 25s and £311.55 for those aged 25 or over. By April 2019 the Universal Credit rate was £251.77 for under 25s and £317.82 for those aged 25 or over.
However, when considering RPI, the real value of Universal Credit has dropped since April 2013 from £285.09 for under 25s and from £359.87 for those aged 25.
https://welfareweekly.com/shrinking-value-of-universal-credit-payments-revealed/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+welfareweekly1+%28Welfare+Weekly%29
Pintel- Posts : 1005
Points : 1186
Reputation : 23
Join date : 2018-10-19
Re: Shrinking value of Universal Credit payments revealed
by jobberpw Thu Feb 20, 2020 12:19 pm
Inflation always destroys any rise they ever give, and not much of that been given.
These planks feel we are all living like Kings on rice grain money, in line of course to mimic the world of work. My arse, more like in line with North Korea.
These planks feel we are all living like Kings on rice grain money, in line of course to mimic the world of work. My arse, more like in line with North Korea.
jobberpw- Posts : 800
Points : 865
Reputation : 29
Join date : 2017-04-30
Age : 66
Location : Roach Ville
Similar topics» Women at risk from universal credit payments
» Universal Credit - there's a way to change your payments if you're struggling
» First Universal Credit payments to be paid quicker
» Revealed: How Universal Credit has been a ‘nightmare’ for single parents
» Universal Credit funeral payments changing but it won't affect everyone - this is the help you can get
» Universal Credit - there's a way to change your payments if you're struggling
» First Universal Credit payments to be paid quicker
» Revealed: How Universal Credit has been a ‘nightmare’ for single parents
» Universal Credit funeral payments changing but it won't affect everyone - this is the help you can get
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum|
|
|