The government has announced sweeping reforms to the welfare system, including what experts describe as the largest permanent real-terms increase to the main rate of out-of-work support since 1980.
According to the Institute for Fiscal Studies (IFS), the uplift will benefit nearly four million households, adding up to £725 a year in cash terms for a single person aged 25 or over by 2029/30.
‘Life-changing reforms’
Work and Pensions Secretary Liz Kendall said the reforms would “change the lives of people across the country”.
She added: