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

Submitted on Friday 10th April 2020

Rejected on Wednesday 10th June 2020

Current status: Rejected

Rejection code: duplicate (see below for details)

Petition Action

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

Petition Details

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

Additional Information

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/


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This petition was rejected

The Government e-Petitions Team gave the following reason:

There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.

You are more likely to get action on this issue if you sign and share a single petition.

petition.parliament.uk/petitions/312283

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