NEWS… BUT NOT AS YOU KNOW IT
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Those on working age and disability benefits will see payments rise 10.1% in line with inflation, costing £11 billion, the government has announced.
Delivering his Autumn Statement today, Jeremy Hunt also said that the ‘triple lock’ for pensions would remain, meaning pensions will also rise in line with inflation.
The Chancellor said there would also be additional cost-of-living payments for the ‘most vulnerable’ with £900 for those on benefits, £300 for pensioners and £150 for those on a disability benefit.