Next Cost Of Living Payment 2025 Uk

Next Cost Of Living Payment 2025 Uk. The chancellor confirmed that the national living wage would rise by 6.7 per cent next year, while the state pension will be uprated by 4.1 per cent, and benefits by 1.7 per cent. The last cost of living payment reached eligible bank accounts in february 2024.

Are there any cost of living payments planned for 2025? Benefits including universal credit, personal independence payment (pip), disability living allowance and child benefit will rise by 1.7% from 5 april.