"The Conservatives and Reform immediately sought to portray the chancellor as presiding over a rising welfare bill at the same time as bringing in billions of pounds in tax rises for people who are working. The Liberal Democrats, meanwhile, warned that the plan to freeze tax thresholds would affect 9 million earners by 2030 by dragging them into higher tax bands, and said ordinary people were being milked for their hard-earned cash."
"A Treasury source said: We will never tolerate fraud, error or waste in the welfare system every pound of taxpayers' money should be spent with the same care with which working people spend their own money. That's why the chancellor is doubling down on this next week extending targeted case reviews to save taxpayers billions and ensure help goes to those who genuinely need it, and safeguard taxpayers' mone"
Rachel Reeves will lift the two-child limit for universal credit at an estimated cost of 3bn while launching a crackdown on benefit fraud. The chancellor plans to identify 1.2bn in savings by correcting incorrect universal credit payments up to 2031 and to extend targeted case reviews to reduce fraud, error and waste. Conservatives and Reform argue the moves raise the welfare bill alongside tax rises. The Liberal Democrats warn a tax-threshold freeze could pull 9 million earners into higher bands by 2030. The Greens and trade unions press for a larger wealth tax instead.
Read at www.theguardian.com
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