Advertisement
UK markets closed
  • FTSE 100

    8,433.76
    +52.41 (+0.63%)
     
  • FTSE 250

    20,645.38
    +114.08 (+0.56%)
     
  • AIM

    789.87
    +6.17 (+0.79%)
     
  • GBP/EUR

    1.1622
    +0.0011 (+0.09%)
     
  • GBP/USD

    1.2525
    +0.0001 (+0.01%)
     
  • Bitcoin GBP

    48,613.03
    -1,633.50 (-3.25%)
     
  • CMC Crypto 200

    1,261.13
    -96.88 (-7.13%)
     
  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     
  • DOW

    39,512.84
    +125.08 (+0.32%)
     
  • CRUDE OIL

    78.20
    -1.06 (-1.34%)
     
  • GOLD FUTURES

    2,366.90
    +26.60 (+1.14%)
     
  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     
  • HANG SENG

    18,963.68
    +425.87 (+2.30%)
     
  • DAX

    18,772.85
    +86.25 (+0.46%)
     
  • CAC 40

    8,219.14
    +31.49 (+0.38%)
     

UK reviewing pandemic welfare support, minister says

FILE PHOTO: People walk along Oxford Street as shops remain closed under Tier 4 restrictions, amid the coronavirus disease (COVID-19) outbreak, in London

LONDON (Reuters) - The British government is reviewing the level of ongoing support it gives to those relying on welfare during the pandemic, the work and pensions minister said on Monday, when asked whether a boost to Universal Credit would be extended.

"In terms of ongoing support I said at the end of last year that we would be reviewing this in the new year, that's exactly what we're doing," Theresa Coffey told Sky News. "We're in active discussion with the Treasury, working together to try and make sure that we continue to help people during this challenging time."

(Reporting by Guy Faulconbridge; writing by Kate Holton; editing by Sarah Young)