1-6 of 6 results for subject:Uprating
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What assessment he has made of the economic effect of increasing legacy benefits by £20 per week in line with the recent increase to the standard universal credit allowance.
What assessment he has made of the economic effect of increasing legacy benefits by £20 per week in line with the recent increase to the standard universal credit allowance.
The £20 per week increase to universal credit and working tax credit is benefiting claimants by a total of £6.1 billion this year and is just one part of the wide-ranging package of Government support during this crisis.
The £20 per week increase to universal credit and working tax credit is benefiting claimants by a total of £6.1 billion this year and is just one part of the wide-ranging package of Government support during this crisis.
The £20 per week increase to universal credit and working tax credit is benefiting claimants by a total of £6.1 billion this year and is just one part of the wide-ranging package of Government support during this crisis.
What assessment he has made of the economic effect of increasing legacy benefits by £20 per week in line with the recent increase to the standard universal credit allowance.
I recognise that the right hon. Gentleman has, as Chair of the Work and Pensions Committee, raised this issue on a number of occasions, and he will know that the uplift continues until the end of March; the benefit to which he refers continues until then. The Government are not ruling anything out for the future, but it is right that we wait for more clarity on the national economic picture before making any further decisions.
I recognise that the right hon. Gentleman has, as Chair of the Work and Pensions Committee, raised this issue on a number of occasions, and he will know that the uplift continues until the end of March; the benefit to which he refers continues until then. The Government are not ruling anything out for the future, but it is right that we wait for more clarity on the national economic picture before making any further decisions.
The Joseph Rowntree Foundation points out that raising social security benefits not only helps hard-pressed families, but boosts the economy because the increase is likely to be spent. Does the Chief Secretary recognise that raising legacy benefits in line with the £20 a week increase he has referred to that has already been introduced in universal credit would boost the economy while also addressing the current unfair discrepancy between them?
To ask the Chancellor of the Exchequer, what discussions he has had with the Secretary of State for Work and Pensions on maintaining the triple lock on the state pension.
To ask the Chancellor of the Exchequer, what discussions he has had with the Secretary of State for Work and Pensions on maintaining the triple lock on the state pension.
The Chancellor of the Exchequer has regular discussions with the Secretary of State on a range of issues. In response to the unprecedented economic circumstances arising from the Covid 19 pandemic, the Government has taken action by introducing a Bill in Parliament to ensure we can increase State Pension and Pension Credit rates next year. Without this legislation, it would not have been possible to increase the State Pension in 2021/22.
As with all aspects of Government policy, any decisions on future changes to the Triple Lock will be taken as part of the annual Budget process in the context of the wider public finances.
To ask the Chancellor of the Exchequer, what the cost to the public purse is of increasing the Minimum Income Guarantee for people receiving local authority social care other than in a care home in line with inflation in the financial year 2020-2021.
To ask the Chancellor of the Exchequer, what the cost to the public purse is of increasing the Minimum Income Guarantee for people receiving local authority social care other than in a care home in line with inflation in the financial year 2020-2021.
HM Treasury has not made an assessment of the cost to the public purse of this proposal. It is for Local Authorities to set Minimum Income Guarantee rates in their area, subject to nationally mandated floors. At the 2019 Spending Round we gave LAs access to up to an additional £1.5bn for social care, on top of existing grants.
To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the potential merits of annually indexing the contribution limits for Share Incentive Plans and Save As You Earn plans; and if he will make a statement.
To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the potential merits of annually indexing the contribution limits for Share Incentive Plans and Save As You Earn plans; and if he will make a statement.
In 2014 the government doubled the contribution limits for the Share Incentive Plans and Save As You Earn schemes from £250 to £500 per month. There are no current plans to change these limits. The government keeps all areas of the tax system under review.