BRITAIN: ‘ ROLL-OUT OF UNIVERSAL CREDIT BEGINS EVENTUALLY CUTTING SIX INCOME BASED BENEFITS ‘

#AceFinanceNews – Press Release:Feb.15: As from early Monday Feb.16: Jobcentres, from the rural Highlands of Scotland, down through the Vale of York and into London, are moving over to the new benefit.

As part of the accelerated roll out announced by the Secretary of State, Iain Duncan Smith in September, over 150 Job-Centres will come on board in the next 2 months. It will then be available in all Job-Centres by this time next year.

Work and Pensions Secretary, Iain Duncan Smith said:

This government’s welfare reforms have saved the taxpayer £50 billion and restored fairness to the system.

The centre-piece of these reforms – Universal Credit – begins national roll out tomorrow. This landmark event is a key part of our long term economic plan, which guarantees you will always be better off in work than on benefits.

The evidence today shows that under Universal Credit, people move into work more quickly and earn more money, giving them increased financial security. It is very impressive that we have seen these results so soon and that this is having a real impact on people’s lives.

This is a cultural change which will alter the landscape of work for a generation.

Once fully rolled out, Universal Credit will boost the economy by £7 billion every year and Universal Credit will eventually replace 6 existing income-based benefits – Jobseeker’s Allowance, Income Support, Employment and Support Allowance, Working and Child Tax Credits and Housing Benefit.

Source:

#ANS2015