Wednesday 9 January 2013

Welfare plans: Your benefits may be lower than expected

MPs have voted on key changes to welfare entitlements that are set to affect millions of people in the UK.

In his Autumn Statement, Chancellor George Osborne announced plans to place a three-year cap of 1% on increases in most working-age benefits and tax credits from April 2013.

That means benefits such as jobseeker's allowance and maternity pay will go up by less than the expected rise in the cost of living - in other words, a real terms cut.

So, what does this mean for you?

Take a look on BBC News

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