marnie wrote: Today the chancellor announced a cap on the welfare budget in the spending review - what does this mean for benefits? Thank you. Marnie
Hi M,
It means that there will be a set limit/cap on how much can be spent on welfare as a whole, not on any particular benefit.
Obviously, if the Chancellor thought that the current welfare spend at that time was going to exceed any set limit/cap, they would have to look at what further cuts to any of the welfare benefits could be made, in order to avoid exceeding the limit/cap.