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johnron
johnron Online Community Member Posts: 70 Connected
edited March 26 in Benefits and income

Rachel Reeves to announce further benefit cuts

Liz Kendall, the work and pensions secretary, was forced to seek further cuts after the Office for Budget Responsibility rejected her welfare savings estimate

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  • michael57
    michael57 Online Community Member Posts: 1,260 Championing

    politics thread is at the top of the page for those interested

  • johnron
    johnron Online Community Member Posts: 70 Connected

    Rachel Reeves will announce further welfare cuts after the Office for Budget Responsibility told ministers their benefit reforms will save £1.6billion less than planned The OBR rejected ministers' £5billion welfare savings estimate, putting it at £3.4billion Reeves will announce that Universal Credit incapacity benefits for new claimants, which were halved in Kendall's original package, will now be frozen until 2030 as well rather than rising in line with inflationThere will also be a small reduction in the basic rate of UC in 2029The moves will raise an extra £500milloon Govt source says that the new cuts are in keeping with green paper

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