26 March 2020
The increase to the universal credit (UC) standard allowance and the working tax credit basic element by £20 per week as part of the government’s response to the Coronavirus is welcome. According to the Resolution Foundation “Having recently fallen to their lowest real-terms value since the early 1990s, the main adult rate of unemployment benefits is now at its highest ever level, as the chart below shows. Relative to average earnings, it is at its highest level since 1998-99
20 March 2020
Our response to the Chancellor's announcement's today.