Steve Double MP welcomes more money for families on Universal Credit

Steve Double, Member of Parliament for St Austell and Newquay, has welcomed the Chancellor’s announcement that an additional £1.7 billion per year will be added to benefit working families on Universal Credit.

Speaking in the Budget statement on Monday the Chancellor Phillip Hammond announced the Government is releasing the funds to increase the work allowance – the money families can earn before losing benefits – by £1,000. This will result in households gaining £630 per year.

Commenting after the Budget, Steve said:

“I am pleased that following my calls to increase the work allowance for Universal Credit the Chancellor has listened and announced an increase of the work allowance element of Universal Credit by £1000. This will give all households in work and claiming Universal Credit an additional £630 per year.”

“This further highlights the benefits of being in work and makes sure that families working are better off – making work pay.”

“Along with increasing the National Living Wage to £8.31 per hour and raising the personal tax allowance to £12500 I am pleased to see that this Budget will put more money in the pockets of everyone who is in work.”