Research Briefing
Universal Credit (UC) is a new benefit which is to replace means-tested social security benefits and tax credits for working-age claimants by 2022. UC work allowances, the maximum a claimant can earn before their award is withdrawn, were reduced from April 2016 onwards. Limits to support for new claimants will also apply from April 2017. This paper provides an introduction to Universal Credit and analyses the impact of these changes.
Research Briefing
On Monday 17th October MPs will debate the Government’s Savings (Government Contributions) Bill, aiming to create the new Lifetime ISA proposed in the Budget 2016. Though the new measure to encourage and support savings was generally welcomed, the House of Commons Work and Pension Select Committee warned in May 2016 that Lifetime ISAs “could jeopardise
Research Briefing
More than a year has passed since the Summer Budget 2015 and the then Chancellor’s commitment to save £12 billion from the welfare budget. Over the next Parliament, total UK welfare spending is forecast to fall by around £7 billion (3.2%) between 2015-16 and 2019-20. But what makes up welfare spending? This blog uses the
Research Briefing
The House of Commons Library Welfare Expenditure and Savings Tool combines multiple sources of expenditure and savings data into one easy to use, up-to-date analysis tool. Users can track changes in welfare expenditure over time, analyse savings as a proportion of expenditure and identify key policy measures by benefit announced since June 2010. Total spending on UK social security and tax credits will be £218.4 billion in 2016-17, 28.3% of total managed expenditure. Measures announced since 2010 will save around £26 billion in the same year, roughly 10% of what welfare spending might otherwise have been.
Research Briefing
This introductory guide provides sources of statistics on UK industries.
Research Briefing
This introductory guide provides sources of statistics on trade.
Research Briefing
This introductory guide provides sources of statistics on public finance.
Research Briefing
This introductory guide provides sources of statistics on economic growth and output.
Research Briefing
This introductory guide provides sources of statistics on the UK labour market.
Research Briefing
This introductory guide provides sources of statistics on inflation and prices.
Research Briefing
This introductory guide provides sources of statistics on interest rates, banking and finance.
Research Briefing
This introductory guide provides sources of statistics on agriculture and fisheries.
Research Briefing
The UK voted to leave the European Union on 23rd June 2016. Leave won 51.9% of the vote across the UK, including 53.4% in England, 52.5% in Wales, 44.2% in Northern Ireland and 38.0% in Scotland. Remain won over 50% of the vote in three electoral regions: Scotland, Northern Ireland and London. Early analysis suggests
Total results (page 4 of 6)