According to reports, universal credit was established as a term in order to collectively oversee u.k. benefits for people under pensionable age. This includes supplements for the low paid.
Some don’t like the term universal credit and there has been instances of discrimination against the underpaid alongside the unemployed.
According to latest figures for unemployment benefit. British rates for over 25’s are £73.10 per week, that is €82.70.
At the other end of the scale, in some european countries unemployment benefit rates are based on previous salary and can amount to a payment of over €400 per week, somtimes more for the first few months, which must be bad for the economy.
There are reports that people moving from the old UK system to the new will lose out. According to legislation those on lowest incomes stand to lose the most.
The British government are said to have set aside £3 billion to ensure that no one moving from the old to the new system will lose out initially. According to a recent report, 1.9 million adults will be worse off by approximately £19 per week.
Skip to content
Onlinenews&views…