Millions 'will struggle' with Universal Credit payments

1 October 2013 Last updated at 19:02 ET Millions of benefits claimants will struggle to manage their money under Universal Credit, according to research for the Payments Council. When Universal Credit is introduced most people will receive their benefits once a month, rather than once a fortnight as at present. The Payments Council, which oversees bank and card transfers in the UK, carried out the survey of claimants within the last month. "The introduction of Universal Credit means that people will have to be savvier about managing their money and will have to plan for the whole month instead of budgeting on a weekly basis," said Adrian Kamellard, the chief executive of the Payments Council.

Source: http://www.bbc.co.uk/news/business-24352427%23sa-ns_mchannel=rss&ns_source=PublicRSS20-sa