Sunday, 21 June 2015

Conservatives agree £12bn cuts plan

George Osborne and Iain Duncan Smith have agreed a plan to cut benefits spending by £12bn a year. In an article for the Times, the chancellor and the work and pensions secretary pledge to tackle the “damaging culture of welfare dependency” and say they will outline their plans for cuts to working-age benefits in the budget on July 8 and the Whitehall spending review in the autumn. They state: “This government was elected with a mandate to implement further savings from the £220bn welfare budget. For a start, we will reduce the benefit cap and have made clear that we believe we need to make significant savings from other working-age benefits… As before, all our reforms will have these central aims: to ensure the welfare system promotes work and personal responsibility, while putting expenditure on a sustainable footing.” The announcement comes the day after tens of thousands of anti-austerity protesters took to the streets nationwide.

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