Latest Public Sector News

08.10.12

Osborne to announce £10bn benefit cuts

The Government is to cut an additional £10bn from the benefits bill, Chancellor George Osborne is to tell the Conservative party conference in his keynote speech today.

£18bn of welfare cuts are already underway, and the new cuts would limit housing benefits for the under-25s, possible further cuts to child tax credits and allowing benefit increases to be lower than the rate of inflation.

Other measures could include halting the rise in child support benefits when unemployed parents have more children.

The cuts would come into effect by 2016 and Conservatives have suggested the Liberal Democrats are willing to consider the proposals. But Lib Dem Chief Secretary to the Treasury, Danny Alexander, told his own party conference last month: “We simply will not allow the books to be balanced in a way that hits the poorest hardest.”

Osborne is to announce the cuts as necessary to meet the target of eliminating the structural deficit and cutting national debt as a proportion of GDP.

He is expected to say: “Let the message from this conference be clear: we will finish the job we have started. That healing is taking longer than we hoped, because the damage was greater than we feared.”

But Conservatives have ruled out a mansion tax, the Liberal Democrats’ favoured way of ensuring the rich contribute more.

Tell us what you think – have your say below, or email us directly at opinion@publicsectorexecutive.com

Image c. M.Holland

Comments

There are no comments. Why not be the first?

Add your comment

 

related

public sector executive tv

more videos >

last word

The importance of openness after Grenfell

The importance of openness after Grenfell

Following the recent Grenfell Tower tragedy, Lord Porter, chairman of the LGA, argues that if the public are going to have faith in the safety testing process then everything must be out in the open more > more last word articles >

public sector focus

View all News

comment

Grenfell, one year on

18/06/2018Grenfell, one year on

In the year since the Grenfell Tower disaster, the LGA has been working tir... more >
Brexit's long shadow over devolution

18/06/2018Brexit's long shadow over devolution

The EU Referendum and the stop-start Brexit negotiations have left a loomin... more >

interviews

Data at the heart of digital transformation

03/04/2018Data at the heart of digital transformation

SPONSORED INTERVIEW Grant Caley, UK & Ireland chief technologist at ... more >

the raven's daily blog

The work of the vanguards can help overcome the challenges of integrated care

29/05/2018The work of the vanguards can help overcome the challenges of integrated care

Following the announcement of the second wave of integrated care systems (ICSs), NHS Providers, the NHS Confederation, NHS Clinical Commissioners (NHSCC) and the LGA refl... more >
read more blog posts from 'the raven' >

editor's comment

25/10/2017Take a moment to celebrate

Devolution, restructuring and widespread service reform: from a journalist’s perspective, it’s never been a more exciting time to report on the public sector. That’s why I could not be more thrilled to be taking over the reins at PSE at this key juncture. There could not be a feature that more perfectly encapsulates this feeling of imminent change than the article James Palmer, mayor of Cambridgeshire and Peterborough, has penned for us on p28. In it, he highlights... read more >