Sue Robb of 4Children talks to Julie Laughton and Alison Britton from the Department for Education about the role of childminders in delivering the 30 hours free entitlement.
Cuts to social rent will benefit Whitehall more than tenants, says IFS
Reductions to social rents will be of ‘little or no benefit’ to tenants and instead benefit the exchequer, according to a new report.
The report, published by the Institute for Fiscal Studies (IFS), found that the one per cent annual reduction in social rents over the next four years, announced in the July Budget, would save money for Whitehall while not helping the tenants it was designed to support.
The IFS also found that social landlords, local authorities and housing associations will lose money under the new plans.
The reason the exchequer will benefit is because the reduction in social rent will automatically trigger an offsetting fall in housing benefit entitlement of £1.7 billion.
Additionally, the report also suggests that by reducing the annual rental income of social landlords by £2.3 billion, these cuts in social rents could reduce the amount of new housing supply, citing the Office for Budget Responsibility’s estimation of 14,000 fewer homes being built by 2020-21.
However, the report did also find that cuts to social rents will, on average, strengthen the financial work incentives of social tenants, as tenants will have less means-tested housing benefit to lose if they move into work or increase their earnings.
Latest News
19/04/2024 - 11:17
Nicola Sturgeon's husband Peter Murrell has been charged with embezzlement in an investigation into SNP finances.
19/04/2024 - 10:55
The Scottish Government has announced a new suite of climate action measures aimed at tackling climate change.
18/04/2024 - 10:19
Pensioners in five Scottish local authorities will be the first to be eligible for a new disability benefit (subject to parliamentary approval of r
18/04/2024 - 09:41
Residents and visitors to Brecon in Wales recently took part in the world's first full-town digital deposit return scheme.
17/04/2024 - 11:58
Applications have opened for a £1.3 million competition to 'transform the transport sector, grow the economy and inspire innovation'.
Company Focus
Just Lanyards is a subsidiary name of Gifts 2 Impress Limited, who have been trading for over 25 years, we therefore pride ourselves in having endless experience covering all aspects of the promotional merchandise industry.
Event Diary
UKREiiF has quickly become a must-attend in the industry calendar for Government departments and local authorities.
The multi-award-winning UK Construction Week (UKCW), is the UK’s biggest trade event for the built environment that connects the whole supply chain to be the catalyst for growth and positive change in the industry.
Supplier Profiles
At GeoEnergy Design, we're on a mission to disrupt the traditional way heating and cooling ha
Latest Features
Professor Harith Alani, director of the Knowledge Management Institute at the Open University explains how AI can be used for good and bad.
Alex Lawrence, head of health & social care, techUK sets out techUK’s Five Point Plan for CareTech.
