Money Saving Expert Martin Lewis has issued a warning to anybody on Universal Credit in the UK. There are currently around 2.6 million people in the country who are receiving the benefit payment.
He's warned a new system is coming into place which will see millions of people worse off than they are now. This comes just before the cost of living crisis is set to worsen. "We have a situation where Universal Credit itself hasn't been uprated by the current level of inflation because it was the older level of inflation when it was lower," the money expert said.
You're [The government is] actually going to move people onto a new system where they can earn substantially less amid a cost of living crisis, we are again throwing some of the poor in society under the bus [...] do the Government not understand the timing?" READ MORE: ITV Britain's Got Talent duo Ant and Dec 'split up' as contestant leaves Ant 'raging' backstage The Mirror reports more than 2.6million people on legacy benefits will start to be moved over to Universal Credit from this week in an automatic process that was previously halted due to the Covid-19 pandemic.
The migration means people on legacy support, such as Jobseeker’s Allowance will be transferred across, with 500 people to receive letters this week – but for many, it could mean a dramatic cut in payments.
Read more on manchestereveningnews.co.uk
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