Universal Credit: Costs
(asked on 28th June 2022) - View Source
Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, what recent estimate she has made of the cost to the public purse of migrating people to Universal Credit.
This question was answered on 6th July 2022
UC provides significant improvements and efficiencies compared to the legacy systems it replaces. The Programmes Full Life Costs, forecast the running costs of UC at £13,547m compared to projected equivalent Legacy running costs of £15,400m. This presents a net saving of £1,853m over the 10-year period which runs from 2017/18 to 2026/27.