IFS criticises 'remarkable' move not to phase out universal credit uplift

0
11

IFS says £80 per month benefit uplift should be withdrawn gradually and doubts if Sunak can stick to his spending plans

One of the UK’s leading thinktanks has criticised Rishi Sunak’s plans for an abrupt end to the £20 a week increase in universal credit, calling the decision not to phase out the uplift “remarkable.”

In its post-budget analysis, the Institute for Fiscal Studies contrasted the way in which the furlough, stamp duty holiday, the cut in VAT and business rates support were being phased out, with the cliff edge for universal credit (UC) in September.

Continue reading…

LEAVE A REPLY

Please enter your comment!
Please enter your name here