Rising benefit costs will “swallow” all the revenue from frozen tax thresholds that are dragging millions of workers into paying higher rates, analysis has found. The Centre for Social Justice has said that the £33bn increase in benefits spending between 2027 and 2032 will broadly match a rise in…
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October 29, 2026 at 5:00 PM
Rising welfare bill set to ‘swallow’ stealth tax revenue
CityAM
Excerpt from CityAM.