DWP benefit changes for 2024 that will affect your wallet
Benefit claimants will see a wide range of changes throughout 2024 that could affect their finances.
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Benefit claimants will see a wide range of changes throughout 2024 that could affect their finances.
Local leaders have warned that 'thousands of vulnerable residents' in Greater Manchester will 'struggle to meet their most basic physical needs' because the government is withdrawing a 'vital safety net'. The Household Support Fund which has given local authorities across the country more than £2bn to help families facing financial hardship is expected to end on April 1, 2024.
The UK’s productivity rate is half of that seen in other advanced economies and wages have subsequently flatlined, meaning that workers are losing an average of £10,700 a year.
Around 32,000 jobs are expected to be created in Greater Manchester as details of a £160m 'Investment Zone' have been announced. Public funding confirmed by Chancellor Jeremy Hunt in the autumn statement today (November 22) will be spent on the city-region's advanced manufacturing sector over the next 10 years, attract around £1.1bn of private sector investment to the city-region.
Chancellor Jeremy Hunt has announced his plans for the economy in this year's autumn statement. It comes just over a year after Mr Hunt's first statement as chancellor when he reversed almost all of Liz Truss and Kwasi Kwarteng's disastrous mini Budget.
Millions of households will receive hundreds of pounds extra in benefits next year, the government has confirmed.
Chancellor Jeremy Hunt is set to deliver his autumn statement to MPs at around 12.30pm today (November 22). His speech on tax and government spending will be made in the House of Commons after Prime Minister's Questions which gets under way at midday.
National insurance is set to be slashed by Jeremy Hunt in the autumn statement, according to reports, as the Chancellor is expected to declare the economy is “back on track”.