Thursday, 14 August 2014

Pressure To Slash Benefits outside Richer South-East

Policy Exchange says lowering the limit would reflect the difference in the cost of living – and save the nation’s coffers £100million a year. Piling pressure on the Government, the think-tank says the cap should be reduced by 10 per cent – to £23,400 – for those living in the rest of the UK. It comes ahead of a major piece of research this month examining how a future government could find further savings in the welfare budget. The Policy Exchange paper will also say that child benefit should be capped at four children and payments progressively reduced after the first child. It says the collective benefit changes would lead to savings of £1billion by 2020. Read more on the Daily Express website.

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