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August Bank holiday update for profit and pension payment dates

Web Desk, 24/08/2025

Millions of benefits are determined to recipients and pensioners Get their general payment Earlier this week, August Bank Holiday changed the policy for the Department of Work and Pension (DWP).

Summer Bank holiday on Monday 25 August means the highest Profit and state pension payment The last working day will be sent instead of that day, which is Friday 22 August.

This will apply to all major benefits including universal credit, child gains, Individual freedom paymentCareer’s allowance and more.

This means that either of them are expected to pay, he will receive his fund several days before normal. WPP It is said that it has adopted the policy to ensure that the recipients’ payments are not affected by banks and government offices. Bank holiday weekend.

About 24 million people in the country are now in the attainment of some combinations of DWP-administered. benefitsWith the most affected by changes.

At the beginning of this week, millions of benefits recipients and pensioners are ready to receive their general payment
At the beginning of this week, millions of benefits recipients and pensioners are ready to receive their general payment ,Packet,

Social Security Minister and Disability Sir Stephen Tims said: “We know how much the family rely on these payments, and by bringing them beyond bank holidays we are making sure that no one needs to worry about what their support will be when they will need the most.

“This new school is particularly important before the year – no family should select between buying school supply and applying food on the table.”

The benefits of all working-age, including Universal creditPip, and careful allowances, an increase of 1.7 percent in April. State pension also rose 4.1 percent – £ 472 per year growth – 2024 wages corresponding to triple lock.

ALSO READ  Car insurance inspection leaves parents hundreds of pounds out of pocket

After passing LaborThe controversial welfare bill, all universal credit claimants continued annually until 2029, due to an increase in their income with an initial increase of at least 2.3 percent next year.

However, the monthly payment rate for the health -related elements of universal credit for new contenders will also be cut from £ 105 to £ 50 and frozen from 2029. Advised to apply as soon as possible.

Latest benefits updates and cost -For the advice, go to tThat independent ‘Regular update guide.

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