Welfare cuts of £12billion to be announced in the next Budget

‘Welfare cuts totalling £12bn a year will be revealed in next month’s budget, the government has announced.

The news come during a weekend in which thousands of protestors marched against government imposed austerity.

Writing in a joint article in today’s Sunday Times, Chancellor George Osborne and Work and Pensions Secretary Iain Duncan Smith say: “This government was elected with a mandate to implement further savings from the £220bn welfare budget.

“For a start, we will reduce the benefit cap, and have made clear that we believe we need to make significant savings from other working-age benefits.’

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