Wednesday, September 19, 2012

Osborn demands 2-year benefits freeze


The UK Chancellor of the Exchequer George Osborne is pressing for state benefits to be frozen for two years to save £10 billion from the welfare budget.

The Treasury is considering further cuts in the welfare budget as inflation has been rising faster than average earnings across the country.

The move, which was resisted strongly by the Liberal Democrat Party a year ago, is being considered and could be announced by Osborne in December ..... http://www.presstv.ir