facebook
twitter
rss
account
search
search
 

Osborne planning freeze in British dole

Dec. 1, 2012 at 1:11 PM   |   Comments

LONDON, Dec. 1 (UPI) -- British Welfare and Pensions Secretary Iain Duncan Smith said Saturday an overly generous benefits system encourages the unemployed to stay on the dole.

In an opinion piece in The Daily Telegraph, Duncan Smith said the system discourages "incentive, opportunity and responsibility."

Chancellor of the Exchequer George Osborne and Duncan Smith were said to be planning to announce a freeze on jobless benefits and 3 billion pounds ($4.80 billion) in cuts in the system, the Telegraph said. The chancellor is scheduled to make his Autumn Statement on Wednesday.

"We need to restore confidence in the system, so people trust that it will be there when they need it, but that it will not pay for a life on benefits when work is available," Duncan Smith said in the Telegraph.

The cuts would not affect retirees, the Telegraph said.

© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Lockheed Martin, Roketsan collaborate on F-35 cruise missile Lockheed Martin, Roketsan collaborate on F-35 cruise missile
2
GenDyn UK picks Lockheed Martin for vehicle turrets GenDyn UK picks Lockheed Martin for vehicle turrets
3
Survey: Harvard Law grads earn the most of any grad school in the country Survey: Harvard Law grads earn the most of any grad school in the country
4
China overhauls legal system, at least on paper China overhauls legal system, at least on paper
5
Thailand orders more aircraft from Airbus Helicopters Thailand orders more aircraft from Airbus Helicopters
Trending News
Around the Web
x
Feedback