DWP issues update on new Universal Credit payment rates for millions

The Department for Work and Pensions recently confirmed that millions of people claiming Universal Credit will see the annual uprating reflected in their monthly payments from Tuesday, May 14. However, some will have to wait nearly an extra month to receive the higher amount in their bank account.

The update was shared in a recent edition of Money Box on BBC Radio 4 by programme researcher Sandra Hardial during a segment discussing delays to increased State Pension and benefit payments, despite the DWP applying the uplift on April 8. Due to the way that Universal Credit is paid out, millions will not get the higher payment on May 14.

Sandra explained how Universal Credit payments increased by 6.7 per cent on that date, but people won't actually get the money straight away because they are paid in arrears. She said: "The six million people on Universal Credit face the longest wait. The DWP has told Money Box that none of them will get the higher rate before the 14th of May and some will have to wait until the 13th of June."Alongside the base Universal Credit rate going up by 6.

Source: Loan Digest (loandigest.net)

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