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Showing posts with the label “benefits system”

Thousands of Britons to Have Welfare Income Cut by More Than 60%

“Tens of thousands of Britons are set to lose almost two-thirds of their income as a result of welfare cuts announced by Sir Keir Starmer’s government, according to Financial Times calculations.  “Tougher eligibility for personal independence payments (Pips) and incapacity benefits will mean some people now in line to receive £15,000 a year, excluding housing support, will instead receive just £5,400 — a drop of 64 per cent “Changes to the assessment for Pips will mean people qualify for the daily living payment only if they face major barriers to performing everyday tasks. Many who require assistance washing, or supervision or prompting to go the toilet, would no longer be eligible.” — Financial Times The UK private sector employs 26 million people. The public sector employs 6 million. The government wants to save money because there is a productivity crisis since 2008. The private sector has been responsible for that crisis as well ad the gernment's economic model pursued over th...