Site icon UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News

Rishi Sunak under pressure from ministers to raise housing benefit

Officials have drafted proposals to cut the “taper rate” – the proportion of earnings people can keep before their benefit payment is cut. The taper rate is currently 55%, meaning that for every pound someone earns above their personal work allowance, their universal credit payment is reduced by 55p.

www.bbc.co.uk

Exit mobile version