Ministers mull partial climbdown on universal credit cut after warnings of soaring poverty
The Independent says a partial climbdown on the looming cut to universal credit is being considered by ministers, to head off fierce criticism that huge numbers of people will be plunged into poverty.
The £20-a-week reduction would stay – but working people who receive the benefit would be allowed to keep more of their earnings, under the proposal.
The so-called “taper rate” – the amount a claimant loses for every extra pound they earn – would be reduced from 63p to 60p, if the Treasury agrees the move.
https://www.independent.co.uk/news/uk/politics/universal-credit-cut-uturn-treasury-b1925809.html
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