The welfare cap
Since 2014 the UK government has had a cap on welfare spending. Here we explain how the cap is set and assessed. We also look at how the cap has changed.
Documents to download
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Economic Indicators, Budget Update (736 KB , PDF)
GDP grew by 0.5% in Q4 2014, following growth of 0.7% in Q3.
The CPI annual inflation rate was 0.3% in January, below the Bank of England’s target of 2.0%.
There were 30.90 million people in employment in October-December 2014. The unemployment rate was 5.7%
Documents to download
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Economic Indicators, Budget Update (736 KB , PDF)
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