cash

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£1000 boost for nearly 2million working households on Universal Credit

Almost two million of the lowest income working households who receive Universal Credit will today benefit from a cash boost worth £1,000 on average.

From: Department for Work and Pensions and The Rt Hon Thérèse Coffey MP

Published 24 November 2021

The Department for Work and Pensions has worked around the clock to implement a reduction to the Universal Credit taper rate as...

picture of teenagers with a piggy bank

Thousands of teenagers missing out on Child Trust Fund cash

Teenagers are being urged by HMRC to check if they have a pot of money waiting for them in a Child Trust Fund.

From: HM Revenue & Customs , HM Treasury , and John Glen MP

Published 7 September 2021

HM Revenue and Customs (HMRC) is today urging young people to check if they have a hidden pot of gold – in the shape of a Child Trust Fund (CTF).

It is now...