The UK government is reportedly unable to make a profit … because of the IT system 40 years ago.
https://sputniknews.com/20220505/uk-govt-reportedly-cant-raise-benefits-due-to-40-year-old-it-system-1095291798.html
The UK government is reportedly unable to make a profit … because of the IT system 40 years ago.
The UK government is reportedly unable to make a profit … because of the IT system 40 years ago.
The Minister of Finance promised greater support for the needy British in a spring statement amid rising consumer prices and new electricity growth … 05.05.2022, Sputnik International.
2022-05-05T15: 09 + 0000
2022-05-05T15: 09 + 0000
2022-05-05T15: 09 + 0000
UK
It
advantage
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British Finance Minister Lishi Snack has discovered his efforts to increase some social benefits blocked by immovable obstacles-an outdated government IT system, the Times, reported 40 years ago. IT systems can change social interests only once a year and in certain sectors it turns out. Snacks were already profiting 3.1% in September 2021, but it is said that the prime minister is facing growing criticism that the support measures proposed in the spring are inadequate. 3.1 in September. The% increase was based on the consumer price index at the time and seemed appropriate at the time. But it wasn’t enough to help people struggling to balance after inflation began to skyrocket in November. Snacks are reportedly trying to address the problem by further raising certain profits. However, some traditional benefits, such as job seekers and support allowances, are equipped to run on older IT systems. New IT systems also exist, but manage unified social credit. This will eventually replace the legacy perks. The UK decided to phase out the Legacy benefits in 2012, but will only be completely removed by 2024. Until then, the way to enjoy these benefits is to wait until fall, enter new parameters, and until spring the system will eventually calculate the new amount. As the British have been facing for 10 years, it is unclear how the Prime Minister will avoid the reported problems. High inflation recently forced the Bank of England to raise interest rates from 0.25% to 1%, the highest level in 13 years. Banks said in a statement that inflation threatened to exceed 10% by the end of 2022 instead of the previously predicted 5.75%. We are already facing the stress of soaring consumer prices. Stay in touch no matter what! Follow the Telegram channel to get all the latest news: https://t.me/sputniknewsus
https://sputniknews.com/20220505/bank-of-england-raises-interest-rate-to-one-per-cent-1095284909.html
2022
Tim Corso
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Tim Corso
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Tim Corso
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UK, it’s an advantage
The Minister of Finance has promised greater support to the British in need in the face of rising consumer prices and new increases in electricity tariff caps.
British Finance Minister Rishi Sunak has discovered an immovable obstacle, his efforts to increase some social benefits that are hampered by outdated government IT systems, the Times reported.
Forty years ago, IT systems could only change social benefits once a year, which turned out to be the case in certain sectors. Sunak was already profiting 3.1% in September 2021.
HM Treasury reportedly responded to a request for a further increase, saying, “I could only do it once a year, and this wasn’t the time when you could do it.” Was done.
The story comes when the Prime Minister is faced with growing criticism that the support measures proposed in the spring are inadequate.
Snacks reportedly tried to address the problem by further enhancing certain profits. However, some traditional benefits, such as job seekers and support allowances, are equipped to run on older IT systems. There are also new IT systems, but they manage unified Social Credit. This ultimately replaces the benefits of legacy.
The UK has decided to phase out legacy benefits in 2012, but their complete removal will not take place until 2024. Until then, the only way to make the benefits of these perks available is to wait until fall, enter new parameters, and wait until spring. The system will eventually calculate the new amount.
It is unclear how the Prime Minister intends to avoid the reported problems, the Bank of England has faced high inflation in the last decade, and the Bank of England has recently raised interest rates from 0.25% to 1% for the first time in 13 years. I gave a high price. Banks said in a statement that inflation threatened to exceed 10% by the end of 2022, rather than the previously predicted 5.75%.
https://sputniknews.com/20220505/uk-govt-reportedly-cant-raise-benefits-due-to-40-year-old-it-system-1095291798.html The UK government is reportedly unable to make a profit … because of the IT system 40 years ago.
