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Chancellor’s Autumn Statement, 05/12/12 [W/E/NI/S]

The Chancellor’s Autumn Statement was delivered on 5 December 2012. It outlined a number of changes to benefits, with most benefits for children and families increasing.  However most of these changes were by considerably less than the rate of inflation which sat at 2.7% in October.

  • Most working age benefits will be increase by 1% for three years from April 2013. This will include Jobseeker’s Allowance, Employment and Support Allowance, Income Support, applicable amounts for Housing Bene?t, Maternity Allowance, Statutory Sick Pay, Statutory Maternity Pay, Statutory Paternity Pay, and Statutory Adoption Pay.
  • Child Benefit will be frozen in April 2013 as set out in the June 2010 Budget, but will then be increased by 1% for two years from April 2014.
  • Carers and disability benefits (including disability elements of tax credits) will increase in line with inflation

Wales will also receive an additional £227million of capital funding.

The full details of the Autumn Statement can be found on the HM Treasury website.