The Institute for Fiscal Studies warns that to balance the books, benefits cuts may reach up to £1,200 a year for disabled and long-term sick individuals. Work and pensions secretary Liz Kendall plans to cut around £5bn in benefits, focusing on working-age welfare claimants, with fears that the annual bill for these benefits could reach £70bn by 2030. Despite the OECD downgrading the UK’s growth forecasts, the government insists that benefits cuts are not necessary, but the IFS director Paul Johnson warns of limited room for maneuver in the upcoming spring statement.
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A million to lose disability benefit as Labour slashes £5bn from welfare bill
Labour announced cuts to disability benefits, affecting millions of disabled individuals, with a focus on raising the threshold for personal independence payments (PIP) to save £5bn by 2030. The changes, criticized as immoral by charities and Labour MPs, aim to address concerns that the bill for disability benefits will reach £70bn by 2030, impacting 4m claimants. While some welcome measures were noted, including not freezing PIP payments and ending regular assessments for severe disabilities, the...
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