Housing Benefit Bill to Soar Despite Cutbacks

Housing benefit bills are set to soar despite government attempts to cut payments, according to the Office for Budget Responsibility. The independent body, which monitors the UK’s finances, has radically altered its modelling for changes in housing benefit demands.  The change in estimates is due to revised predictions of demand for housing benefit, and comes despite an announcement from chancellor George Osborne that benefits will only rise by 1 per cent for the next three years.  Read more on Inside Housing.