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Liz Truss ‘may yield’ to rebel lawmakers’ demands & U-turn on benefit cuts on substantive terms

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liz truss, uk, kwasi kwarteng, welfare, universal credit, welfare, cost of living, welfare

liz truss, uk, kwasi kwarteng, welfare, universal credit, welfare, cost of living, welfare

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After a growing Conservative uprising, the UK government made a U-turn on 3 October on plans to scrap the 45% income tax rate for high earners announced as part of the UK Prime Minister’s package of tax cuts. rice field. At the time, Kwasi Kwarteng said the proposal had become “a huge distraction for what used to be a powerful package.”

Liz Truss may appear Another squeaky U-turnas well as her reversal of plans to abolish the top rate of 45% income tax, which was first announced in an underfunded tax cut mini-budget on Sept. 23, The Guardian reported.
A Tory MP is said to have warned the prime minister that he would risk a rebellion over plans to raise benefits by about 5.5% based on income. inflation, was about 10% in September. For example, if an under-25 universal credit applicant receives a standard allowance, rising according to wages rather than inflation, next year’s payout would be £140.04 less for him in real terms. At the same time, improving welfare through income could save the Treasury about £5 billion.

Liz Truss reiterated that she “has not yet made a decision” on whether to stick to the inflation-linked benefit hike promised by her predecessor Boris Johnson, which is set to take effect in April. Pensions will rise in line with inflation, but those receiving welfare benefits are in a “different situation,” the prime minister said, she told the LBC on Oct. 4.

But dozens of Tory back-ventures are said to have vowed to resist their warnings that it would result in substantial cuts to Social Security. The MP is said to have sparked a major divide within the Conservative Party before returning to the House of Commons.

Prime Ministers are under increasing pressure to ensure that Social Security keeps up with public opinion. soaring cost of livingthe threat of a move to oust Truss has ostensibly gained new strength among parliamentarians over the weekend.
UK Prime Minister Liz Truss leaves 10 Downing Street in London on 8 September 2022 as the House of Commons announces her energy pricing plans - Sputnik International, 1920, 05.10.2022

UK Home Secretary accuses Tory rebels of trying to expel Truss after Kwarteng’s mini-budget U-turn

No formal vote required, but an amendment could reportedly be introduced to the finance bill, prompting an estimated 30 opposition lawmakers to openly declare their positions .

Number 10 will be “forced to cave”, as quoted by a government source.

Tory officials, including former prime minister George Osborne, have been quoted as warning that the party is risking a crushing defeat in the next election by embarking on a “political experiment”.

Osborne told Channel 4: “I think there’s a possibility of a Tory wipeout, but it’s going to take two years to do.

Former Culture Secretary Nadine Dries, who called the job cuts “cruel”, told the BBC on 9 October that the Tories would face a “total wipe-out” if elections were held tomorrow.

One of the most controversial proposals included in a growth plan announced by Kwasi Kwarten last month after the government trashed the abolition of the top tax rate, some Tory lawmakers said Liz Truss would take another We may be forced to cut the tax rate.

“She gave in at 45p. She will have to do it again,” said one MP.

In a sign that the prime minister is likely to soften her stance, a Downing Street source reportedly said “nothing has been decided”, adding that “she will listen.” increase.

UK Prime Minister Liz Truss exits her car back to her hotel on the third day of the annual Conservative Party conference in Birmingham, central England, October 4, 2022 - Sputnik International, 1920, 06.10.2022

Truss heads for another uptick over profit spending as Tory rebels try to oust her – report

‘Morally indefensible’

Reports of growing opposition to the prime minister’s plan Legatum InstituteThe Guardian, quoted by The Guardian, found that raising income-based benefits would push an additional 450,000 people into poverty in 2023-2024. Of those, 350,000 are in households where someone works, and 250,000 are in families that include people with disabilities.

Legatum predicts that more than 1.5 million people in the UK will fall into relative poverty this winter compared to before the COVID-19 pandemic, despite government energy assistance packages. Substantial benefit cuts next April will lift the overall figure to her 16 million, almost a quarter of the UK population.

Following the recently announced tax cut bonanza, the option of cutting welfare spending has been denounced by anti-poverty campaigners as “morally indefensible”.

Legatum chief executive Lady Stroud, a fellow Tory, said when she urged Truss ministers to raise benefits entirely:

“Otherwise, many low-income people will be forced to choose between heating their homes, putting food on the table, or filling their cars with gas and going to work during the winter months. will be.”

The think tank findings are echoed in another study by the charity Child Poverty Action Group (CPAG), which found that 200,000 children could fall into poverty if benefits were increased to match wages instead of inflation. turned out to be sexual.

Steven Crabbe, a Conservative MP and former Secretary of Work and Pensions, said of Legatum’s findings, “substantial cuts in profits cannot lead to increased poverty and hardship at the worst possible time. No,’ he was quoted as saying.



https://sputniknews.com/20221010/liz-truss-may-cave-to-rebel-mps-demands–u-turn-on-real-terms-benefits-cuts-1101664733.html Liz Truss ‘may yield’ to rebel lawmakers’ demands & U-turn on benefit cuts on substantive terms

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