Universal Credit cut branded single biggest reduction in benefits for 70 years Analysis shows the planned £20 reduction would be the biggest single setback to social security since the system was set up in 1948. Updated Working families make up the majority of families affected by the cut to Universal Credit (Image: Getty) Get the latest money news from the Daily Record with our weekly newsletterInvalid EmailSomething went wrong, please try again later. Subscribe We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time.More info