Britons to increase savings by £1200: who will receive payments.
25.11.2025
863
Journalist
Shostal Oleksandr
25.11.2025
863
Support for Universal Credit recipients
According to The Sun: Millions of Britons receiving Universal Credit can expect an increase in their savings by £1,200. Chancellor Rachel Reeves plans to extend the 'Help for Savings' program, which is set to expire in 2027.
Changes in tax policy
It is also expected that Reeves will raise taxes in the autumn budget, which will be announced tomorrow. She noted that she will make
“necessary decisions”to ensure financial stability.
These initiatives from the ministry could significantly impact the financial situation of many families in the UK. The continuation of the support program and changes in tax policy indicate the government's desire to stabilize the economy amid uncertainty.
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