How much are benefits and pensions increasing in April?
Briefly

How much are benefits and pensions increasing in April?
"From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging."
"As the cost of living continues to rise in the UK, this month's inflation figure is particularly significant to the finances of millions of households. This week saw September's headline rate of inflation (CPI) announced as 3.8 per cent. As usual, this is the amount that most benefits will now rise by in April to reflect rising prices. This includes the main disability benefits, like PIP, attendance allowance, and carer's allowance, as a legal requirement."
The Independent positions itself as a free-access news outlet trusted across the political spectrum and funded by donations to support on-the-ground journalism. Donations enable reporters to investigate topics from reproductive rights and climate change to Big Tech and to produce documentaries such as 'The A Word'. UK September CPI was announced at 3.8%, which will drive benefit increases in April to reflect rising prices, including main disability benefits like PIP, attendance allowance and carer's allowance. Universal Credit will see an above-inflation rise to the standard allowance while the health-related element is cut back. The state pension is expected to rise 4.8% in line with earnings, increasing the full weekly payment from £230.25 to £241.30, about £965.20 monthly or £12,547.60 annually.
Read at www.independent.co.uk
Unable to calculate read time
[
|
]