Budget 2024 benefit rises - full list of all 14 payment increases to be confirmed tomorrow
by Joseph Wilkes · Manchester Evening NewsLabour is set to reveal its first Budget in nearly 15 years, with a blend of pledges to increase pay for minimum wage workers. Keir Starmer confirmed on Monday that the £2 bus fare cap across England will rise to £3.
While the final content of the Budget will be unveiled tomorrow, there are some changes we can anticipate. For instance, benefit payments typically increase each spring to keep pace with inflation.
Chancellor Rachel Reeves is expected to announce that these benefit rates will rise in line with the consumer price index (CPI) measure of inflation from September 2024, equating to an increase of 1.7%. This is positive news for millions of individuals on benefits such as Universal Credit, housing benefit, and pension credit, as they will start receiving more money from April 2025.
Meanwhile, the triple lock on state pensions, which ensures the state pension rises in line with the highest of wages for May to July, 2.5% or September's inflation figure - meaning this year that is wage growth coming in at 4.1%, according to a report in the Mirror.
(Image: Getty Images)
Check below for how much each benefit or state pension could increase from April 2025 - we've calculated an increase of 1.7% for benefits and 4.1% for state pension but the exact amount you will see yours go up by depends on your specific circumstances.
Universal Credit (per month)
Under 25s (single) from £311.68 to £316.98
Under 25s (joint claim) from £489.23 to £497.55
Over 25s (single) from £393.45 to £400.14
Over 25s (joint claim) from £617.60 to £628.099
Housing benefit
Single person of pension age from £235.20 to £239.20
Lone parent of pension age from £235.20 to £239.20
Couple (one or both) pension age from £352 to £357.98
Dependent child/young person under 20 from £83.24 to £84.66
Personal independence payment (PIP)
Daily living component from £108.55 to £110.40 (enhanced) or from £72.65 to £73.89 (standard)
Mobility component from £75.75 to £77.04 (enhanced) or from £28.70 to £29.19 (sandard)
Employment support allowance (ESA)
Under 25s (single) from £71.70 to £72.92
Over 25s (single) from £90.50 to £92.04
Lone parent (under 18) from £71.70 to £72.92
Lone parent (18+) from £90.50 to £92.04
Attendance Allowance
The higher from £108.55 to £110.40
Lower rate from £72.65 to £73.89
Pension credit (weekly)
Single from £218.15 a week to £221.86
Couples £332.95 to £338.61
Disability living allowance (DLA) for under 16s and older people whose DLA hasn’t turned into PIP
Highest amount from £108.55 to £110.40
Middle amount from £72.65 to £73.89
Lowest amount from £28.70 to £29.19
Mobility component higher amount from £75.75 to £77.04
Mobility component lower amount from £28.70 to £29.19
New-style jobseeker's Allowance (weekly)
Under 25s rom £71.70 to £72.92
Over 25s from £90.50 to £92.04
Carer's Allowance (weekly)
From £81.90 to £83.29
Child benefit (weekly)
Eldest or only child from £25.60 to £26.04
Each additional child £16.95 to £17.24
Maternity, paternity, adoption and shared parental pay (weekly)
From £184.03 to £187.16
Maternity allowance (weekly)
From £184.03 a week to £187.16
Statutory sick pay (weekly)
From £116.75 to £118.73.
State pension
New state pension full rate from £221.20 a week to £230.27
Old state pension from £169.50 to £176.45