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Universal Credit taper rate changes announced in budget - what is it and how many will it affect?

Universal Credit taper rate changes announced in budget - what is it and how many will it affect?
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Transcripts for BBCNEWS BBC News 20211026 14:05:00

our economics correspondent andy verity explained what this could mean in real terms for public sector workers. over the past year, they have had a real terms pay cut and even as we see inflation go up, that pay freeze means their spending power, the amount of goods they can buy, has gone down. that is in the context of ten years which have been some of the worst for rises in living standards that we have seen in the last 200 years. for example, nurses are paid 5% less than they were ten years ago. teachers, 8% less. senior civil servants, 11% less. nhs dentists, 32% less. all because their wages haven t been keeping up with inflation for ten years. they will be looking for more than inflation, as you say, in the coming year but even that may not be enough to compensate for what they have lost in recent years. let s speak now to karl handscomb, senior economist at the think tank, the resolution foundation.

DWP benefits calculators that work out how much Universal Credit, PIP or JSA you could claim each month

DWP benefits calculators that work out how much Universal Credit, PIP or JSA you could claim each month
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Millions of families will be £300 worse off this autumn after triple whammy cost of living crunch

MILLIONS of lower income families will be £300 worse off this autumn due to a “triple whammy” of spiralling living costs, research shows.The amou

Cost of living crunch to leave millions of families £300 worse off in next three months

Cost of living crunch to leave millions of families £300 worse off in next three months
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