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

GERMANY: ‘ TALKS STALL AT LUFTHANSA OVER RETIREMENT BENEFITS CALLS FOR STRIKE ‘

#AceFinanceNews – GERMANY – Nov.30 – The German pilots’ union Vereinigung Cockpit (VC) is calling for a strike on December 1 and 2 after talks over retirement benefits stalled.

“It became clear that management is not interested in solutions, but in introducing an autocratic leadership model like that of airlines in the Gulf states,” VC spokesman Jörg Handwerg said.

The pilots oppose plans to gradually raise the age at which they can take early retirement by five years.

Currently, they can retire at 55 and get up to 60 percent of their pay until the normal pension starts at their statutory retirement age of 65.

RT 

#ANS2014 

#benefits, #pensions, #retirement

Housing Benefit and Council Tax Benefit guidance Stay…

Housing Benefit and Council Tax Benefit guidance: Stay upto date with your UK Housing and Tax Benefits down these pdfs at this link for more information, or leave a comment and l will try to help and guide you! https://www.gov.uk/government/publications/housing-benefit-and-council-tax-benefit-guidance-part-b

#acefinancenews, #benefits, #council-tax, #housing-benefit