Cam pledge: I’ll cut cap on benefits
A CONSERVATIVE government will take action within days to cut the annual benefit cap – from £26,000 to £23,000 – if the party wins this May’s general election, PM David Cameron has pledged.
Mr Cameron said the £135 million savings from the move – which would mean cuts of up to £60-a-week in households’ state support – will help fund 3 million apprenticeships by 2020.
Another £120 million would come from removing housing benefit from 18 to 21-year-olds on jobseeker’s allowance.
He hinted that the elderly will escape cuts to their benefits, saying it would not be “fair” to target pensioners with reductions when they are the least able to adapt their lifestyles to changed financial circumstances.
Alison Garnham, of Child Poverty Action Group, said: “The benefit cap is at least nine times more likely to affect children than adults and the majority of adults it hits are lone parents.”