Universal Credit claimants could get up to £1,200 bonus from DWP

New data from the Department for Work and Pensions (DWP) reveals that there are now 8 million people claiming Universal Credit. However, many working claimants may not realise they could be eligible for a unique bonus worth up to £1,200 to boost their savings pots and help build financial resilience for the future.

Due to a rule change at the start of the new financial year, some 3 million Universal Credit claimants are now eligible for the 'Help to Save' scheme. The extension of the scheme until April 2027 means more people on a low income can benefit from the scheme, which has paid out millions of pounds in bonuses to more than 500,000 people since Help to Save was launched in 2018.

Some 93 per cent of scheme users have

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