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Tax credits: "We are very glad the Chancellor listened"

26 November 2015

The Chair of Work and Pensions Committee expressed his satisfaction over George Osborne's decision to abandon the proposed tax credit reforms during the presentation of the Autumn Statement in Parliament on Wednesday 25 November 2015. 

Chair's comment

Frank Field, Chair of the Work and Pensions Committee said:

"We are very glad the Chancellor listened to our concerns and has scrapped his proposed £1,300 cuts to the budgets of working families. The cuts would have defeated the laudable policy goal of supporting strivers.

More than ever is now riding on the rollout of the ambitious Universal Credit system: not only is it the Government's flagship welfare reform, it is fundamental to the Chancellor achieving his fiscal objectives.

Yet included in the small print today was a further delay to the implementation of Universal Credit. Over the coming months we will be examining the planned rollout of the programme."

Further information

Image: Dods/Parliamentary copyright