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
10/12/2024 - 11:53
As part of the government’s Plan for Change, deputy prime minister Angela Rayner has set out new plans to speed up the planning process by giving greater decision-making powers for planners to speed up the approval process.
10/12/2024 - 11:32
The US and UK have agreed on a partnership to help develop new fusion energy with the British company Tokamak Energy, driving the UK towards being a clean energy superpower.
10/12/2024 - 11:29
Welsh transport secretary Ken Skates has announced a new public transport model for Wales, enabling public, private, or third sector operators to big for packages of local bus services.
09/12/2024 - 10:23
To mark Small Business Saturday, the business secretary has announced that small businesses across the UK will be able to get quicker and easier he
09/12/2024 - 09:40
The government has helped to ensure Hitachi’s Newton Wycliffe site a future by protecting hundreds of jobs.
Company Focus
Kittle Group is a professional bid writing consultancy based in the UK, supporting clients to write winning bids and tenders since 2014.
Event Diary
Education Business LIVE is a carefully designed conference and exhibition bringing together education people with a passion for the promotion and development of effective school leadership, management, learning and teaching.
Supplier Profiles
Mark Roberts’ decades of experience will boost JAGGAER’s UK Public Sector strategy
Latest Features
Welcoming millions of visitors every year, Leeds is an exceptional city known as one of the top 10 conference destinations in the UK, with its independent spirit and international vision. Compact and accessible, you can walk everywhere in Leeds with all conferencing venues and hotels within easy reach.
More and more waste is beginning to be recycled correctly, both on a national and local level.
