Chancellor Jeremy Hunt is set to announce tax cuts, measures to boost business investment and a tougher approach to welfare benefits in his Autumn Statement on Wednesday.
Speculation has been mounting on whether the annual uprating on working age benefits will be calculated using the traditional measure of the September Consumer Price Index (CPI) inflation figure of 6.7 per cent, or the lower October rate of 4.6 per cent.
While those details won’t be confirmed until the Chancellor makes his speech tomorrow, people claiming disability benefits should be set for a significant increase next April.
Consumer champion Martin Lewis recently explained in his BBC Radio 5 Live Podcast that by law, disability benefits, incapacity benefits and Carer’s Allowance usually rise by the September CPI figure (6.7%).Read more on dailyrecord.co.uk
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