The Department for Work and Pensions has announced new payment rates for state pensions and benefits, including Universal Credit, for 2026-2027. These updates, driven by the Universal Credit Act, will boost the standard allowance above inflation, with single claimants aged 25 or over receiving an extra £725 annually by 2029. Around 4 million households will benefit, with the monthly rate for singles over 25 rising from £404.14 to £424.97. Details are available on the GOV.UK website.
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