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<p>We understand that this is a difficult time for people on low incomes and we’ve
taken significant action to support those affected by coronavirus, including through
income protection schemes, mortgage holidays and additional support for renters. For
those most in need we’ve injected more than £9 billion into the welfare system, which
includes an increase to Universal Credit of up to £1,040 this financial year. These
policies implemented in response to the outbreak have made a huge difference, particularly
to those with low incomes.</p><p> </p><p>This was shown in HMT’s recently published
distributional analysis about the Impact of covid-19 on working household incomes.
This publication shows that the lowest income decile of working households has seen
no fall in income due to Government measures that have been put in place. This is
available here: <a href="https://www.gov.uk/government/publications/impact-of-covid-19-on-working-household-incomes-distributional-analysis-as-of-may-2020"
target="_blank">https://www.gov.uk/government/publications/impact-of-covid-19-on-working-household-incomes-distributional-analysis-as-of-may-2020</a></p>
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