Increase the UC savings limit of £16,000 so more families with savings can claim

Rejected 13 signatures

What the petition asks

Under current rules families with savings in excess of £16,000 are unable to access Universal Credit, in addition, families with savings of £6000-£16000 have their financial support reduced. Increase or scrap these restrictions during the coronavirus pandemic to allow more families to access support

A think tank has warned people's 'hard-earned savings' might be significantly reduced amid the pandemic. The Resolution Foundation is calling for the savings and capital threshold to be updated "so it doesn't unfairly penalise those with savings", and leave families having to live off their nest egg that might have been intended for a first house deposit, see: https://www.resolutionfoundation.org/publications/no-work-no-pay/

Why it was rejected

There was already a petition about this issue. Duplicates are rejected so signatures collect in one place.

Remove savings cap on Universal Credit for Covid-19 related Self Employed claims

Timeline

10 Apr 2020	Petition opened for signatures
10 Jun 2020	Rejected by the Petitions Committee

Key facts

Signatures 13

Status Rejected

Rejected 10 Jun 2020

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