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UC and the budget
Para 1.35 of the budget statement says that the government will put a “cap on the additional costs of up to £25 million per year in the next spending review” Any idea what this means?
Sorry, that should have read “cap on the addtional costs of universal credit of up to £25 million per year in the next spending review”
hi chris ... think its £2.5 billion a year ...
‘Budget 2012 announces that there will be a cap on the additional costs of Universal Credit of up to £2.5 billion a year in the next spending review. This is in addition to the £2 billion that was provided in the current spending review for implementation.’
cheers - shawn
what are “additional costs”? is that implementation costs? on top of benefit spend?
if so, that is a quite outrageous sum, parcelled up in an innocuous statement, to be honest.