Universal Credit Covid top-up maintained for six months

Until September

John Brazier
clock • 1 min read

Chancellor Rishi Sunak has confirmed that the £20 per week top-up to Universal Credit under Covid-19 will be extended until September.

The increase to Universal Credit, which totals just over £1,000 per year, was introduced last year to ease financial pressures during the pandemic and was due to come to an end on 31 March. During the Spring Budget 2021, Sunak told the House of Commons that the government was extending the benefit uplift for the "lowest paid and most vulnerable…well beyond the end of this national lockdown." "We will provide working tax credit claimants with equivalent support for the next six months, and because of the way that system works operationally, we will need to do so with a one-off payment ...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Regulation

FCA reconsidering ongoing advice services rules as review findings revealed

FCA reconsidering ongoing advice services rules as review findings revealed

Advisers delivering suitability reviews in ‘vast majority’ of cases

Jen Frost
clock 24 February 2025 • 2 min read
IPT up to £7.6bn in 24/25

IPT up to £7.6bn in 24/25

£853m in January 2025

Cameron Roberts
clock 21 February 2025 • 1 min read
FOS CEO Abby Thomas steps down

FOS CEO Abby Thomas steps down

James Dipple-Johnstone and Jenny Simmonds will cover

Isabel Baxter
clock 07 February 2025 • 1 min read