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Thinktank warns of average £1,040 loss of benefits for millions of households
Parliamentary reporter
FOUR million households will each lose £1,040 a year in benefits on average if the government ends its temporary £20-a-week increase in universal credit (UC), according to the Institute for Fiscal Studies.
The higher rate was introduced in April, after the coronavirus lockdown was imposed the month before, and is due to end in April next year.
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