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<p>The National Living Wage is increasing by 6.6% to £9.50 an hour for workers aged
23 and over in April 2022, which will benefit more than 2 million workers. This means
an increase of over £1,000 to the annual earnings of a full-time worker on the National
Living Wage and keeps us on track to our target to end low pay by 2024-25.</p><p>
</p><p>We have taken further decisive action to make work pay by cutting the Universal
Credit taper rate from 63p to 55p and increasing Universal Credit work allowances
by £500 per annum. Taken together, this is a tax cut worth around £1,000 a year for
around two million low paid households.</p><p> </p><p>The Government recently announced
the ‘Way to Work’ campaign to get 500,000 jobseekers into jobs by the end of June.
We know work is the best way for people to get on, to improve their lives and support
their families because people on benefits are at least £6,000 better off in full time
work.</p><p> </p><p>Through the Plan for Jobs, the Government is also investing £99m
in a new In Work Progression offer from April 2022, which will mean more people in
work on Universal Credit will be able to access individualised Work Coach support
to help them progress and increase their earnings.</p><p> </p><p>The Government is
also committed to helping low-income families with the cost of living, including providing
£500m for a Household Support Fund to help vulnerable households with costs for essentials
such as food, clothing and utilities over the Winter.</p>
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