BRITAIN: ‘ TORIES FLAG SHIP PROJECTS DELAY COST TAX PAYERS TWO BILLION MORE ‘

#AceFinanceNews – BRITAIN – The Government will have to spend £2bn more on benefits than it planned a year ago because of delays to two flagship projects, official documents have revealed.

Figures in the Office for Budget Responsibility’s forecasts, published alongside the Autumn Statement, threaten to undermine George Osborne’s much-heralded welfare cap, which is at the heart of his bid to slash state spending over the next five years.The figures reveal that processing delays have added to the welfare bill.

Rachel Reeves, the shadow Work and Pensions minister, claimed the statistics were another example of what she called “Tory welfare waste”.

#benefits, #spending, #welfare-bill