Liz Truss ‘may yield’ to rebel lawmakers’ demands & U-turn on benefit cuts on substantive terms
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
Liz Truss ‘may yield’ to rebel lawmakers’ demands & U-turn on benefit cuts on substantive terms
After a growing conservative uprising, the UK government announced plans to abolish the 45% income tax for high earners on October 3… 10.10.2022, Sputnik International
2022-10-10T06:06+0000
2022-10-10T06:06+0000
2022-10-10T06:10+0000
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Liz Truss
England
Kwasi Kwarten
advantage
universal credit
welfare
Cost of living
welfare
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Liz Truss could make another screeching U-turn, just as it reversed plans to scrap the 45% top tax rate first announced in an underfunded tax cut mini-budget on Sept. 23. , reports The Guardian. She warned the prime minister that she would risk a rebellion over plans to raise benefits in line with earnings (about 5.5%) rather than inflation, which reached 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, raising welfare with income would save the Treasury about £5 billion. Liz Truss has repeatedly said she “hasn’t made a decision yet” on whether to stick to inflation-linked profit hikes promised by her predecessor Boris Johnson. It is scheduled to come into force 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 LBC on Oct. 4. Substantial conditions are cut to Social Security. The issue is said to have caused a major split within the Conservative Party before MPs returned to the House of Commons after the October 11 recess. The threat of a move to oust Truss is ostensibly gaining new traction among MPs over the weekend. An estimated 30 dissident lawmakers openly declare their positions. Conservative Party officials, including former Prime Minister Osborne, are quoted as warning that the party risked a crushing defeat in the next election by embarking on a “political experiment”. Nadine Dries, who called the cuts “cruel”, told the BBC on 9 October that the Tories would face a “total wipe-out” if elections were held tomorrow. Repeal of the top tax rate in the trash can – one of his most controversial proposals included in the growth plan unveiled by Kwasi Kwarten last month, some Tory lawmakers say Liz Truss will be forced to make another hike I believe it is possible. 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 to her”. It is According to a Legatum Institute report cited by The Guardian, raising benefits according to income would push an additional 450,000 people into poverty between 2023 and her 2024. Of these, 350,000 are in households where someone works and 250,000 are in families, including those with disabilities.Despite government energy, 1.5 million people in the UK this winter compared to before the COVID-19 pandemic. More people will fall into relative poverty.Support Packages, Legatum Estimation. Substantial benefit cuts next April will lift the overall figure to her 16 million, almost a quarter of the UK population. “Morally indefensible”. Legatum chief executive Lady Stroud, a fellow Tory, said when she urged Truss ministers to raise benefits entirely: If benefits were increased in line with wages rather than inflation, the population would fall into poverty. Poverty and hardship will increase at the worst possible times.”
https://sputniknews.com/20221005/uk-home-secretary-accuses-tory-rebels-of-trying-to-oust-truss-after-kwartengs-u-turn-on-mini-budget-1101528714.html
https://sputniknews.com/20221006/truss-heads-to-another-climbdown-over-benefits-spending-amid-tory-rebels-push-to-oust-her–report-1101557574.html
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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
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 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.
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.
‘Morally indefensible’
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
