![Pinterest](https://pinterest.com/pin/create/button/?url=https://uknews.evprotec.com/autumn-statement-winners-and-losers/&media=https://uknews.evprotec.com/wp-content/uploads/2022/11/serious-looking-young-couple-discussing-768037899.jpg&description=BENEFIT claimants and seniors are among the winners in today's Autumn Statement - but taxpayers and the self-employed will be hit. Chancellor Jeremy Hunt today revealed a raft of government changes after a disastrous mini-budget by his predecessor in September. We round up the winners and losers from today's budgetCredit: Getty The aftermath caused mortgage market turmoil and saw the then Prime Minister Liz Truss resign after just over 40 days in the role. Mr Hunt said during the Autumn Statement: "In the face of unprecedented global headwinds, families, pensioners, businesses, teachers, nurses and many others are worried about the future. "So today we deliver a plan to tackle the cost-of-living crisis and rebuild our economy." Below we round up the winners and losers from the statement. WINNERS Pensioners Millions of seniors will get an £870 rise in state pension payments from April next year thanks to the triple lock staying. The increase has been made in line with September's inflation figures of 10.1%. The triple lock rule applies to UK state pensions and means pensions must rise each year in line with the highest of three possible figures: inflation, average earnings, or 2.5%. The full new state pension is currently £185.15 per week, while the full basic state pension is £141.85 per week. Jeremy Hunt today also announced a second cost of living payment for seniors worth £300. The £300 payment will specifically go to Brits who are over the state pension age - those born on or before September 25, 1956. Benefit claimants Households on benefits including Universal Credit will also see their payments rise in line with September's inflation rate. The move is set to cost the government £11billion in 2023-24, but will help 10million working age families, Mr Hunt said. It'll come into effect in April 2023 and boost the payments for the average family on Universal Credit by £600 a year. The Chancellor today also confirmed new cost-of-living payments worth £900 for Brits){kind=link}
BENEFIT claimants and seniors are among the winners in today’s Autumn Statement – but taxpayers and the self-employed will be hit.
Chancellor Jeremy Hunt today revealed a raft of government changes after a disastrous mini-budget by his predecessor in September.
The aftermath caused mortgage market turmoil and saw the then Prime Minister Liz Truss resign after just over 40 days in the role.
Mr Hunt said during the Autumn Statement: “In the face of unprecedented global headwinds, families, pensioners, businesses, teachers, nurses and many others are worried about the future.
“So today we deliver a plan to tackle the cost-of-living crisis and rebuild our economy.”