Discover and read the best of Twitter Threads about #budgetday2023

Most recents (3)

#THREAD

Given its #BudgetDay2023, it's important for voters to know that the #DWP has recently been ordered to release ‘sensitive’ research, commissioned in 2019, over concerns that sanctions have a NEGATIVE effect both on claimants’ health & finances.

theguardian.com/politics/2023/…
The internal DWP study was commissioned in 2019 after a cross party committee of MPs concluded that while there was NO evidence benefit sanctions incentivised people to get work, they did have a negative effect on claimants’ health & finances.
Benefit sanctions are in effect punishment fines whereby claimants’ benefits are docked for at least a month for supposed infringements, such as failing to search for jobs or missing a meeting with an employment coach.
Read 10 tweets
Jeremy Hunt's Budget - and what it means for you

The Chancellor announced a raft of policies today, from scrapping the lifetime pension allowance to an expansion of free childcare

⬇️ Here we explain what it all means for you and your money

#BudgetDay2023
Pensions⬇️

The biggest surprise of the day was the scrapping of the lifetime pension allowance

It was thought the £1.07million limit would be hiked to £1.8million but Hunt had wrongfooted all of us and instead, decided to axe it completely

inews.co.uk/news/lifetime-…
Energy⬇️

After listening to a host of charities and experts including @MartinSLewis, the chancellor announced the Energy Price Guarantee would remain at £2,500 for next three months – an announcement that had already been anticipated

inews.co.uk/news/energy-su…
Read 8 tweets
It’s #BudgetDay2023

🧵 Here’s everything you need to know
🔴 @ChaplainChloe looks at what is expected to be announced – and where are the political sticking points for Jeremy Hunt?

inews.co.uk/news/politics/…
What could #BudgetDay2023 mean for pensions?

⬇️ @theipaper's deputy money editor @gracegausden93 explains inews.co.uk/inews-lifestyl…
Read 28 tweets

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