DWP shares benefit cap will cut Brits benefits by £65 a week

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The cap will affect thousands of households.

The move has been described as "cruel and truly catastrophic" by campaigners, as reported by Lancaster Live. With benefits due to rise by approximately 10 per cent in April next year, people may see this as a positive.

They also said that 35,000 are due to be newly capped in April and will only see some of the increase before the cap kicks in. The benefit cap was introduced in 2013, and was intended to get people into work. Removing the cap will allow £65 per week to be introduced into people's accounts, and CPAG said it would be "invaluable" in the current economic climate.£500 million would be required to remove the cap, which is just 0.2 per cent of the total spending on social security, CPAG added. Over the summer, then work and pensions secretary Therese Coffey hinted that the cap may be reviewed before next April.

 

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