TweetA leading Welsh think tank has warned that the decision to cap benefit increases at 1% could end up doing far more harm to the Welsh economy than the recession itself. In concluding that the policy will “hit Wales hard” research published by the Bevan Foundation goes on to warn in stark terms: “the limit […]
Tag Archives: benefits cap
TweetToday parliament votes on a bill to cap increases in benefits and tax credits at 1% for 2014 – 2015 and 2015 – 2016. Previously, benefits rose in line with prices. However the Coalition’s plans means that entitlements including child tax credits, Jobseeker’s Allowance and working tax credits will face real terms cuts. A report […]
This morning, the Child Poverty Action Group have exposed the six myths of work and pensions secretary Iain Duncan Smith’s regressive reforms; here they are.