Chancellor set to announce this week that 120,000 benefit claimants could see their payments reduced
Chancellor Kwasi Kwarteng is to announce this week that 120,000 benefit claimants could see their payments reduced if they fail to work up to 15 hours a week, meet regularly with their work coach and take active steps to increase their earnings. The news comes amid an announcement that will outline new changes to Britain's welfare system.
And those who don’t fulfil their job-search commitments without good reason could have their benefits reduced in line with existing benefit sanctions policy. Certain groups will remain exempt from sanctions, including people who are unable to work due to long-term sickness or a disability. PM Truss has also hinted that she will scrap the current bankers' bonus cap as she warned that not all her policies will be “popular”.Among other measures expected in the mini budget include proposals that eligible claimants over 50 years old, including new claimants and the long-term unemployed, will also get extra support from Work Coaches.
Chancellor Kwasi Kwarteng said: “Our jobs market is remarkably resilient, but it is not perfect. While unemployment is at is at its lowest rate for nearly fifty years, the high number of vacancies that still exist and inactivity in the labour market is limiting economic growth.
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