Tuesday, 27 January 2015

PM: we would cut benefits cap to £23,000

David Cameron has pledged to reduce the annual benefits cap to £23,000 as the first act of a new Conservative government. The move would lead to lower incomes for a further 40,000 households and save £135m for taxpayers. This would be used to part-fund a £300m apprenticeship programme. Mr Cameron said that the proposal's priority status "tells you everything you need to know about our values". The Conservatives would also remove housing benefit from all 18 to 21-year-olds, who would be expected to live at home with their parents. The Prime Minister said that the benefit cuts had changed the "something for nothing" culture that existed under the last government. “It's got a lot of people back to work. People said it would have all sorts of bad consequences - it hasn't. It's actually caused a stampede to the job centre."

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