A slew of Universal Credit, furlough and pension changes have come into force this month.

Universal Credit

People who ended up financially worse off when they were moved from other benefits to Universal Credit may receive a boost of up to £405 a month from October.

The cash boost is designed to bridge the gap between the old benefits and the Universal Credit system.

Individuals who were previously on Income Support, Jobseeker's Allowance (JSA), Employment and Support Allowance (ESA), or Housing Benefit may be eligible to apply to make up the difference of how much they were receiving before.

Furlough

The Government has reduced its contributions to the and will now cover 60 per cent of wages, up to the value of £1,875 – the scheme launched at 80 per cent of wages.

Employers will have to pay national insurance contributions, pension contributions and 20 per cent of wages to take the total to 80 per cent (or £2,500).

State Pensions

You now need to be at least 66 before you can start claiming your state pension.

The move is the latest in a string of rises over the past 10 years.