Analysts say millions still face winter crisis despite Hunt’s decision to increase benefits in line with inflation
Autumn statement 2022: key points at a glancePolitics live: latest news and reaction on UK budget plans
Anti-poverty campaigners expressed relief at the chancellor’s decision to increase benefits by 10.1% next year but warned that millions of the poorest people would still face a fall in spending power as inflation soars.
The increase is lower than the current 11.1% rate of inflation and follows years of cuts to the real value of benefits affecting the lives of 9 million households – 7 million of which include someone who works.
Analysts say millions still face winter crisis despite Hunt’s decision to increase benefits in line with inflationAutumn statement 2022: key points at a glancePolitics live: latest news and reaction on UK budget plansAnti-poverty campaigners expressed relief at the chancellor’s decision to increase benefits by 10.1% next year but warned that millions of the poorest people would still face a fall in spending power as inflation soars.The increase is lower than the current 11.1% rate of inflation and follows years of cuts to the real value of benefits affecting the lives of 9 million households – 7 million of which include someone who works. Continue reading…
