Friday, 26 February 2010

TSA Issues Benefit Bill Warning

Social landlords have been warned that plans to slash the UK’s huge housing benefit bill could undermine their financial stability. The stark warning, in a TSA report, came as councils across England united to ask the government for more powers over the way the local housing allowance is paid out in order to save money without damaging services. Housing benefit is of huge importance to council and housing association finances, accounting for roughly £10.54 billion of the overall £17 billion housing benefit bill. Read the full story on the Inside Housing website.

No comments: