Monday Apr 08, 201305:45 PM GMT
UK Lib Dem Sec. rejects benefits freeze
Sat Sep 22, 2012 4:43AM
Share | Email | Print
Britain’s Business Secretary Vince Cable has said Liberal Democrats will not agree to the idea of a two-year freeze in benefits payments, floated by Tories earlier this week.


In an interview with the Evening Standard, Cable said he would not agree to further cuts in welfare budget which is to be announced in December, saying that the coalition should stick to spending plans by “not a penny more, not a penny less.”

“We are not agreeing anything over and above the cuts that have already been agreed in the spending review, that’s very clear. The Tories may have an agenda for the next Parliament, well that’s their issue”, he added.

Earlier on Wednesday, the British Chancellor George Osborne demanded further cuts in the welfare budget as the inflation has been rising faster than average earnings across the country.

Critics however, believe that the policy of freezing benefits would harm the most vulnerable people who are already struggling with the government’s unfairly targeted spending cuts.

MOS/AMR/HE
Comments
Add Comment Click Here
Latest From Britain
  • Today
  • Last Week
  • Last Month
  • Today
  • Last Week
  • Last Month
Follow Us
© Copyright 2012 Press TV. All rights reserved. | About PressTV | Contact Us | Frequencies | Privacy Policy