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Welfare Cap
The welfare cap is a self-imposed limit on the amount that the government of the United Kingdom can spend on certain social security benefits and tax credits. The welfare cap was first introduced in the 2014 United Kingdom budget. The policy took effect in 2015, and the limit for the financial year 2015–16 was set at £119.5 billion, amounting to 56% of total welfare spending. The operation of welfare cap is set out in The Charter for Budget Responsibility. The Office for Budget Responsibility (OBR) is required to report periodically on whether the cap has been met or exceeded. The OBR initially made its assessments annually in the Autumn, but since 2017 the cap is only assessed at the first Budget of a new Parliament. Welfare spending was initially required to be less than the cap every year, but since 2017 this has been replaced by a medium-term welfare cap and welfare spending is assessed for a single year chosen by HM Treasury. Following the 2017 general election the OBR mad ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2014 United Kingdom Budget
The 2014 United Kingdom budget was delivered by George Osborne, the Chancellor of the Exchequer, to the House of Commons on Wednesday, 19 March 2014. It was the fifth budget of the Conservative–Liberal Democrat coalition government formed after the 2010 general election, and also the fifth to be delivered by Osborne. Taxes Spending References External links2014 United Kingdom budgetat Gov.uk {{United Kingdom budget United Kingdom Budget 2014 United Kingdom budget The Budget of His Majesty's Government is an annual budget set by HM Treasury for the following financial year, with the revenues to be gathered by HM Revenue and Customs and the expenditures of the public sector, in compliance with government p ... George Osborne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jeremy Corbyn
Jeremy Bernard Corbyn (; born 26 May 1949) is a British politician who served as Leader of the Opposition and Leader of the Labour Party from 2015 to 2020. On the political left of the Labour Party, Corbyn describes himself as a socialist. He has been Member of Parliament (MP) for Islington North since 1983. Corbyn sits in the House of Commons as an independent, having had the whip suspended in October 2020. Born in Chippenham, Wiltshire, and raised in Wiltshire and Shropshire, Corbyn joined the Labour Party as a teenager. Moving to London, he became a trade union representative. In 1974, he was elected to Haringey Council and became Secretary of Hornsey Constituency Labour Party until being elected as the MP for Islington North in 1983; he has been reelected to the office nine times. His activism has included roles in Anti-Fascist Action, the Anti-Apartheid Movement, the Campaign for Nuclear Disarmament, and advocating for a united Ireland and Palestinian statehood ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Kingdom Government Austerity Programme
The United Kingdom government austerity programme is a fiscal policy that was adopted for a period in the early 21st century following the Great Recession. The term was used by the Coalition and Conservative governments in office from 2010 to 2019, and again during the 2021–present United Kingdom cost of living crisis. The Conservative Party (UK), Conservative-led government claimed that austerity served as a deficit reduction programme consisting of sustained reductions in public spending and tax rises, intended to reduce the Government budget balance, government budget deficit and the role of the welfare state in the United Kingdom. Some commentators accepted this claim, but many scholars have observed that in fact its primary, largely unstated aim, like most austerity policies, was to restore the rate of profit. Successive Conservative governments claimed that the National Health Service and education have been "Ringfencing, ringfenced" and protected from direct spending c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Poverty In The United Kingdom
Poverty in the United Kingdom refers to the portion of the population of the United Kingdom that are considered to be in poverty under some measures of poverty. Data based on incomes published in 2016 by the Department for Work and Pensions (DWP) show that, after housing costs have been taken into consideration, the number of people living in the UK in relative poverty to be 13.44m (21% of the population). In 2015, a report by Institute for Fiscal Studies reported that 21.6% of Britons were in relative poverty. The report showed that there had been a fall in poverty in the first few years of the 21st century, but the rate of poverty remained broadly flat in the decade after 2004/5. Full Fact found that the British poverty rate is "almost exactly the same level as the EU average (17%)", much lower than the DWP figures due to differences in calculation methods between countries. In 2018, Philip Alston, the UN Special Rapporteur on extreme poverty and human rights said that Brit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Welfare Dependency
Welfare dependency is the state in which a person or household is reliant on government welfare benefits for their income for a prolonged period of time, and without which they would not be able to meet the expenses of daily living. The United States Department of Health and Human Services defines welfare dependency as the proportion of all individuals in families which receive more than 50 percent of their total annual income from Temporary Assistance for Needy Families (TANF), food stamps, and/or Supplemental Security Income (SSI) benefits. Typically viewed as a social problem, it has been the subject of major welfare reform efforts since the mid-20th century, primarily focused on trying to make recipients self-sufficient through paid work. While the term "welfare dependency" can be used pejoratively, for the purposes of this article it shall be used to indicate a particular situation of persistent poverty. Discourses of dependency and the history of a social problem Terminolog ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Economics Foundation
The New Economics Foundation (NEF) is a British think-tank that promotes "social, economic and environmental justice". NEF was founded in 1986 by the leaders of The Other Economic Summit (TOES) with the aim of working for a "new model of wealth creation, based on equality, diversity and economic stability". The foundation has 50 staff in London and is active at a range of different levels. Its programmes include work on well-being, its own kinds of measurement and evaluation, sustainable local regeneration, its own forms of finance and business models, sustainable public services, and the economics of climate change. Work The Foundation works in the areas of community development, democracy, and economics. The foundation's work on sustainability indicators, which measures aspects of life and environment, indicated the connection between economic growth and sustainability. From 1995 to 2000, the Foundation made social audits of companies to measure and evaluate a company's s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joseph Rowntree Foundation
The Joseph Rowntree Foundation (JRF) is a charity that conducts and funds research aimed at solving poverty in the UK. JRF's stated aim is to "inspire action and change that will create a prosperous UK without poverty." Originally called the Joseph Rowntree Village Trust, it was founded by English businessman Joseph Rowntree in 1904. Rowntree, a Quaker, was a long-standing philanthropist and with his brother developed a confectionery company, ''Rowntree's''. He established the foundation in order to investigate the root causes of social problems. In its current form, the foundation works with private, public and voluntary sectors, as well as impoverished people. It is politically neutral and independent from all UK political parties. History JRF was established in 1904 by Joseph Rowntree to understand the root causes of social problems. Joseph was a visionary Quaker businessman and social reformer. Watching his father set-up a York soup kitchen in the mid-1800s helped Jo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Diane Abbott
Diane Julie Abbott (born 27 September 1953) is a British politician who has been Member of Parliament (MP) for Hackney North and Stoke Newington since 1987. A member of the Labour Party, she served in the Shadow Cabinet of Jeremy Corbyn as Shadow Home Secretary from 2016 to 2020. Abbott was the first black woman elected to Parliament, and is the longest-serving black MP in the House of Commons. Born in Paddington, to a British-Jamaican family, Abbott attended Harrow County School for Girls before going to read History at Newnham College, Cambridge. After joining and leaving the Civil Service, she worked as a reporter for Thames Television and TV-am before becoming a press officer for the Greater London Council. Joining the Labour party, she was elected to Westminster City Council in 1982 and then as an MP in 1987, being returned in every general election since. She was a member of the Labour Party Black Sections. Critical of Tony Blair's New Labour project which pushed the p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John McDonnell
John Martin McDonnell (born 8 September 1951) is a British politician who served as Shadow Chancellor of the Exchequer from 2015 to 2020. A member of the Labour Party, he has been Member of Parliament (MP) for Hayes and Harlington since 1997. McDonnell served as chair of the Socialist Campaign Group in Parliament and Labour Representation Committee; he also chaired the Public Services Not Private Profit Group. He is also parliamentary convenor of the Trade Union Co-ordinating Group of eight left-wing trade unions representing over half a million workers. McDonnell attempted to stand for the position of Labour Party leader following Tony Blair's resignation in 2007, but failed to get enough nominations. He was a candidate for the party leadership again in 2010 following Gordon Brown's resignation after Labour's electoral defeat, but withdrew in favour of Diane Abbott, feeling that he would be unable to secure enough nominations. Alongside Jeremy Corbyn, McDonnell has been s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tom Watson (Labour Politician)
Thomas Anthony Watson, Baron Watson of Wyre Forest (born 8 January 1967) is a British former politician who served as Deputy Leader of the Labour Party from 2015 to 2019 and Shadow Secretary of State for Digital, Culture, Media and Sport from 2016 to 2019. A member of the Labour Party, he was Member of Parliament (MP) for West Bromwich East from 2001 to 2019. Since 2022 he has been a member of the House of Lords. Born in Sheffield, Watson was raised in Kidderminster where he was educated at King Charles I School. He first became involved in Labour Party and trade union activism when studying at the University of Hull and was chair of the National Organisation of Labour Students from 1992 to 1993. After working in marketing and advertising, he began working full-time for the Labour Party, including on its 1997 general election campaign, and then for the Amalgamated Engineering and Electrical Union. Elected MP for West Bromwich East at the 2001 general election, Watson was Par ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
House Of Commons Of The United Kingdom
The House of Commons is the lower house of the Parliament of the United Kingdom. Like the upper house, the House of Lords, it meets in the Palace of Westminster in London, England. The House of Commons is an elected body consisting of 650 members known as members of Parliament (MPs). MPs are elected to represent constituencies by the first-past-the-post system and hold their seats until Parliament is dissolved. The House of Commons of England started to evolve in the 13th and 14th centuries. In 1707 it became the House of Commons of Great Britain after the political union with Scotland, and from 1800 it also became the House of Commons for Ireland after the political union of Great Britain and Ireland. In 1922, the body became the House of Commons of the United Kingdom of Great Britain and Northern Ireland after the independence of the Irish Free State. Under the Parliament Acts 1911 and 1949, the Lords' power to reject legislation was reduced to a delaying power. The g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Office For Budget Responsibility
The Office for Budget Responsibility (OBR) is a non-departmental public body funded by the UK Treasury, that the UK government established to provide independent economic forecasts and independent analysis of the public finances. It was formally created in May 2010 following the general election (although it had previously been constituted in shadow form by the Conservative party opposition in December 2009) and was placed on a statutory footing by the Budget Responsibility and National Audit Act 2011. It is one of a growing number of official independent fiscal watchdogs around the world. Richard Hughes, former Director of Fiscal Policy at HM Treasury, has been head since October 2020. Functions The UK government created the OBR in 2010 with the goal of offering independent and authoritative analysis of the UK's public finances. To that end it produces two 5-year-ahead forecasts for the economy and the public finances each year, alongside the Budget and Spring Statements. In it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
