Universal Credit: A Mixed Success Story
Universal Credit might sound boring, but it directly affects millions of families struggling to make ends meet. Introduced in 2012, this weekly payment supports unemployed people and those on low incomes, aiming to bridge the growing gap between rich and poor.
The numbers tell an interesting story. In March 2021, 6 million people claimed Universal Credit, but by January 2022, this dropped to 5.7%. This suggests the system is working - people are finding jobs and gaining stable incomes.
However, there's a major problem: many families can't actually live on Universal Credit payments. After 24 months of receiving UC, foodbank use increased by 48%, showing that people still can't afford basic necessities like food.
Reality Check: Universal Credit provides temporary support, but it's often not enough to cover a family's basic needs.