Not exact matches
This rhetoric has been used to justify devastating welfare cuts - including
caps on in - work
benefits and cuts to disability support - which in turn have led to a
rise in food bank use, homelessness, and child poverty.
Inflation is spiralling again and
benefits rises are
capped at 1 % until 2020,
on top of the cuts to Universal Credit.
In the days after the Budget, unease grew as Harriet Harman, the party's acting leader, and Chris Leslie, the shadow chancellor, signalled that Labour would not oppose Conservative policies such as the 1 per cent
cap on public - sector pay
rises for four years and the reduced
benefit cap of # 20,000 (# 23,000 in London).
The coalition government has urged MPs to back a 1 %
cap on annual
rises in working - age
benefits and some tax credits, But some Liberal Democrat MPs are planning to vote against the plans.
These public sector workers claim that they are not seeing any
benefit from a recovering economy and that the pay freeze and 1 %
cap on a
rise which they've seen in the last four years, has left them # 4,000 worse off than in 2010.
(Q ratio, Normalized Shiller P / E, MKT
CAP / GDP, etc.) I'm very long - term orientied because I'm banking
on having the
benefit of many years of saving ahead of me and I like seeing markets falling rather than
rising.