Millions of Britons missing out on 50 percent boost to savings | Personal Finance | Finance

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Meanwhile, more than one million Britons (1.3 million) aren’t receiving the Universal Credit payments they are entitled to since the last change to the taper rate, according to data from the New Economics Foundation.

The changes to the earning threshold meant that rather than lose 63p of benefits for every extra pound earned, people would lose 55p. 

In addition, Universal Credit claimants and people on other benefits could get 23 freebies worth thousands in 2023.

Not only could they get help towards energy bills but they could also be entitled to other discounts such as £10,000 to pay for a new boiler or home insulation.

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