Context
The question arises from concerns about the adequacy of social security payments in light of rising costs.
Question
What recent assessment has been made by the Department regarding the adequacy of social security payments considering the increases in cost of living?
Answer from Mims Davies
The Department has completed an annual review led by the Secretary of State, confirming benefits and pensions will increase by 10.1% in April 2023, subject to parliamentary approval. The Government have provided cost of living support worth over £37 billion in 2022-23 and will provide more than £1 billion further cost of living payments in 2023-24.
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