DWP money and financial changes coming in July

July will see a series of changes to benefits and monetary policies which may have a direct effect on people's personal finances.

These changes will include a deadline for cash boost payments for over six million Brits, a major price change to energy bills, and an overhaul to how stamps will work for the foreseeable future.

Here's everything you need to know about the changes being rolled out in July and how they may affect you.

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There should be no disruptions to benefit payments in July, including Universal Credit payments. This is because there are no bank holidays to mess up schedules like there have been in the past couple of months.

Regular DWP payments will be sent out for the following benefits:

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If you're concerned over any issues with your benefit payments in July, your first point of contact should be the DWP.

Ofgem's new price cap will come into effect from the start of July. It means the average household will be charged £2,074 a year - however, this may vary depending on how much energy your household typically uses.

If you took on a fixed rate in the past year when energy bills were dramatically high, you may have seen subsidies on your bill via the EPG. From July 1, that subsidy will be reduced to zero which means you will pay the original price of your fixed rate.

Since June 20, the DWP has been issuing a £150 cash boost to eligible disability benefit claimants. The official deadline for the payment window is July 4, however, the DWP noted that some payments will be made after this.

This will generally happen in cases where