Children and working-age people's welfare bill share 'to hit 30-year low'



Welfare support for children and working-age claimants as a share of GDP will be the lowest for 30 years by 2020-21, the independent budget watchdog has forecast.
The cuts implemented since 2010 will see spending on social security and tax credits return to pre-financial crisis levels by the end of this Parliament - although complex welfare reform schemes have failed to produce the savings claimed by ministers.
The Office for Budget Responsibility forecast that between 2015-16 and 2020-21, welfare spending will rise £14.2 billion to £230.8 billion but once the effects of inflation are taken... read more

 
11 October 2016 in Regional East, Views: 23
Source: Belper News
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