[Originally posted at the SPS Comment and Analysis, 03/11/16, under a slightly different title] We are about to see one of the welfare policies of the late, only occasionally lamented Coalition government bear particularly ugly fruit. On Monday the process of lowering the Overall Benefit Cap (OBC) from £26,000 […]
The leak to the BBC hinting at the scale of the cuts to welfare budgets being modelled by the Department for Work and Pensions has caused consternation. And so it should. Given that George Osborne has refused to say what he is proposing to cut from welfare spending […]
Plenty of political announcements made at this time of year are little more than conference fodder. They grab a headline and a round of applause and that’s the last we hear of them. But George Osborne’s proposals to cut another £10bn from welfare don’t fall into that category. […]
Emergency wealth tax, eh? I wonder whose bright idea that was.