N Shorts
Reeves to launch crackdown on benefit fraud alongside lifting two-child limit
Move aims to bring in extra £1.2bn of savings as government seeks to head off criticism over welfare spendingYou be the chancellor: play our budget gameRachel Reeves will launch a fresh crackdown on benefit fraud at the same time as lifting the two-child limit for universal credit at a cost of £3bn, as ministers seek to head off criticism over rising welfare spending in the budget.The chancellor has made the decision to scrap the two-child limit in full, a move that will be welcomed by Labour MPs who have long highlighted its effect on increasing child poverty.Freezing income tax thresholds for an extra two years to 2030, bringing more people into higher tax bands as wages rise.Making salary sacrifice schemes less generous, including those for pension contributions.Bringing in higher tax on the most expensive properties, including a surcharge on the highest-value houses.A pay-per-mile scheme on electric cars to help fill the

Technically enhanced content presented under fair use in public-interest journalism.

Listen:

↓ Download Audio


Discover more from Newz Quest

Subscribe to get the latest posts sent to your email.

By Vanshika

Meet Vanshika, a promising trainee at Newzquest.in, who plays a vital role in managing the news site’s operations with dedication and precision. With a strong interest in economics and data-driven insights, Vanshika focuses on analyzing economic trends to provide clear and timely news reporting. Her analytical mindset and eagerness to learn have made her an important contributor to the editorial process, enhancing content quality and aligning with the diverse expectations of Newzquest’s audience. Committed to continual growth, Vanshika actively deepens her understanding of the news landscape to offer nuanced insights on critical issues, helping foster a well-informed community.

Discover more from Newz Quest

Subscribe now to keep reading and get access to the full archive.

Continue reading