The Guardian

Charities decry CPI ploy to cut benefit bill

Anti-poverty charities said it would be “indefensible” for the chancellor to use last month’s drop in inflation last month to justify a smaller increase in working-age benefits, which would cut up to £2bn from the welfare bill. The Treasury is understood to be considering using October’s 4.6% CPI for the annual benefit uprating, instead of the usual September reading, which was 6.7%.

Business & Cash

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2023-11-19T08:00:00.0000000Z

2023-11-19T08:00:00.0000000Z

https://guardian.pressreader.com/article/282677577025639

Guardian/Observer