Chancellor under pressure to increase funding for universal credit – UK

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Theresa May and the Chancellor are coming under pressure to increase funding for universal credit after it was revealed that some people would be worse off under the scheme.

Universal credit replaces a range of existing welfare payments, but has so far been applied only to around one million new claimants or those with changed circumstances.

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The system combines six current benefits into one monthly payment.

Those benefits are working tax credit, income support, jobseeker’s…

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