Thursday, 16 January 2014

IDS Hints at Cut in the Benefit Cap

One of the welfare cuts that George Osborne is most likely to make if the Tories win the next election is a reduction in the household benefit cap of £26,000. The most recent YouGov poll found that 76% of the public support a cap of £26,000 and that 49% favour one of £15,000. Asked by Tory MP Andrew Bridgen at Work and Pensions questions whether the benefit cap would be reduced, Iain Duncan Smith replied: "we will keep the policy under review", a clear hint that the government is considering a cut.  While the cap might appear generous, it's important to remember that those households who receive £26,000 do so due to high rents and/or an above average number of children; the government's Impact Assessment found that 52% of those families affected have four or more children. Read more on the New Statesman website.

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