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Mini-budget 2022: what it means for you

Illustration of single 25-year-old

Single, 25

Unemployed

2022/23 She receives a universal credit payment of £335 a month, which adds up to £4,019 over the year. Financial assistance with housing costs depends on the property and where she rents. She will also receive cost of living payments worth a total of £650.

2023/24 The benefits increase will be based on September’s inflation figure; however, the government says UC claimants working less than 15 hours a week have to show…


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