![]() ![]() Working parents who claim Universal Credit can now get up to £1,630 towards their monthly childcare costs as part of a package of changes announced by Chancellor Jeremy Hunt in the Spring Budget. Free childcare - worth up to £1,630 a year We've rounded up 13 schemes open to people who claim Universal Credit and other low-income families, which could save you thousands this year. Read more: Hard-up families could get energy payment holiday this winter But help is there for low-income families if you know where to look for it. The Bank of England is expected to raise interest rates by another quarter percentage point to 5.25 per cent on Thursday – the 14th rise in a row, and household are continuing to feel the pinch of high food costs and stubbornly high energy bills as we head towards the colder months without last year's £400 Energy Bills Support Scheme to cushion the blow. The exact help you can get depends on your circumstances and sometimes where you live, but extra support could include help with food, discounts on bills and help with childcare to get you back into work or work more hours if you already have a job. Hard-up families who claim Universal Credit and other benefits may be able to tap into extra help to make budgets stretch further in the cost of living crisis.
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