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Currently, for every £1 earned after tax above an income threshold, a person receiving Universal Credit has their benefit award reduced by 65p and keeps 35p. They will now keep 37p for every £1, from April 2017.
All Government departments are currently reviewing the EU laws that apply in their policy areas and how our withdrawal from the EU will affect the operation of those laws. Where laws need to be fixed, that’s what the Government will do.
The £3.5 billion of savings to be delivered through the Efficiency Review announced at the Budget, and led by my Right Honourable Friend, the Chief Secretary, must be delivered in full.
The meeting was co-chaired by Jesse Norman, Parliamentary Under Secretary of State at the Department for Business, Energy and Industrial Strategy (BEIS) and Allan Cook Chairman of Atkins. This work is being led by the MOD but is closely aligned with the work on the National Industrial Strategy which BEIS are leading.
The growth corridor between Cambridge Milton Keynes and Oxford could help fire the British economy, but only if we back it with the homes and infrastructure it needs to thrive. Last week the NIC presented the compelling case for investment in East West rail and the Oxford Cambridge Expressway, as part of a wider joined up plan to help this region succeed. This is a once in a generation opportunity and the government is absolutely right to accept those recommendations.
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