Tuesday, 4 June 2013

Universal Credit Will Cost Taxpayers £12.8bn

The government’s recent review of major projects revealed that the flagship Universal Credit welfare programme will cost nearly six times more than previously billed.  The DWP said Universal Credit will cost £12.8bn – not the £2.2bn figure that has previously been claimed – because it needs to run existing benefits in parallel as it brings in the new scheme. The Cabinet Office Major Projects Authority Annual Report revealed the whole-life cost of Universal Credit to be £12.8bn, over £10bn more than DWP said it would cost when it put the programme before Parliament in 2010.  Read more on the Computer Weekly website.

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