Tax rises ‘very likely’ after Starmer’s 4.5bn benefits U-turns

Sir Keir Starmer’s benefit deductions and winter fuel payments U-transformations, public finances in the autumn budget of the autumn budget ‘probably’ probably £ 4.5 billion holes to be filled.

The Prime Minister’s climbing on the welfare bill is much more expensive than expected.

And with the U -turn of last month’s winter fuel payments, Sir Keir will now have to find almost 5 billion pounds from the autumn budget of Rachel Reeves, Chancellor Rachel Reeves.

The Decision Foundation is the change in the welfare bill of Sir Keir, which will prevent 370,000 support of anyone who is currently receiving personal independence payments (PIP).

This costs 2.1 billion pounds per year until 2030, while maintaining the revenue of everyone who receives the health element of the universal loan affecting 2.2 million people, it will cost £ 1.1 billion each year.

The government wipes up to £ 3.2 billion of £ 5 billion, which hopes to save changes. The Institute of Financial Research (IFS) warned that the latest U -turn will cost around £ 3 billion and deleted more than half of the prosperity package that must be financed by tax hikes or expenditures.

“These changes make more tax increase in the autumn budget, which will mainly depend on how economic estimates have changed,” the analysis warned. IFS Auxiliary Director Tom Waters said that the chances of the chancellor have already been made “much more difficult ..

And for 7 million retirees, Sir Keir’s U-Turns month was struggling with a black hole of £ 4.5 billion in public finances.

Professor of Economics at King’s College London and former Chief Economist Jonathan Portes in the Cabinet Office Independent He thinks tax increases have fallen on the track.

He said: “I thought this was very likely.

Care Minister Stephen Kinnock was asked how the government would pay for changes, but refused to “speculation .. He said the chancellor would confirm how to finance the U-transformations when he delivered his budget in autumn.

Sir Keir comes after the great concessions that plan to prevent the controversial welfare bill to the deputies.

In a climbing late at night, Prime Minister PIP offered to protect the current plaintiffs and promised to review the “common producer” PIP assessment with disabled people with disabled people.

The spokesperson number 10 said: “We listened to the deputies who support the reform principle but worried about the rate of change of change for those supported by the system.

“This package will protect the social security system for those who need it by putting a sustainable contact, provide dignity for those who cannot work, support and reduce the anxiety for people in the system.”

Dame Meg Hillier, one of the leading rebellious sounds, described its concessions as a “good agreement” with “major changes” to protect the vulnerable people and to include disabled people in the design of future reforms.

He said: “It is an encouraging to reach what I believe is a practical compromise that will protect people with disabilities and reorganize people in a meaningful way.”

Some workers’ rebels are attached to their weapons, and they will still vote for the bill on Tuesday, but now they probably have enough support to pass the joints. Altınıcı was faced with a defeat, and more than 120 workers’ deputies signed a rebel change.

In addition to making a large hole in the government’s expenditure plans, the campaigns warned that the chaotic U-Gurn has established a two-layer system for PIP plaintiffs, and those in the new system have already faced different criteria to the payment areas.

Ruth Curdice, General Manager of the Solution Foundation Think Tank, told BBC Radio 4. Today Program: “You will definitely have two buyers with the same scores in PIP assessments, one will be suitable and one will not be under this system for years.

“On the other hand, there is no more protection for existing buyers, and this is not just a political question, it is not unusual to bring changes in the system of disability benefits in this way, I think a significant amount of money may have a greater impact on families.”

“The concessions announced on the welfare invoice approaching by the Government on the welfare bill of the government are important and positive, but a fair agreement is insufficient for disabled people,” said James Watson-O’neill, General Manager of National Disability Assistance Sense.