We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Ben cap

Do we know yet if or when the cap will go down from 25k to 23 k?
HTB = Help to Bubble.
«1345678

Comments

  • billywilly
    billywilly Posts: 468 Forumite
    Do we know yet if or when the cap will go down from 25k to 23 k?

    Probably it will be announced on the 8th July.
  • Killerseven
    Killerseven Posts: 205 Forumite
    billywilly wrote: »
    Probably it will be announced on the 8th July.

    So it's not even confirmed yet?
    HTB = Help to Bubble.
  • bloolagoon
    bloolagoon Posts: 7,973 Forumite
    The rumour is that it's also going to affect workers. So WTC won't be the exemption it is now unless you are hitting conditionality. I'm assuming childcare element is exempt too.

    Apparently it's because IDS wanted to hit CB and now can't so was told to find other ways. I guess £23,000 plus your wages should always be enough though. But the I work with no income brigade will be affected.
    Tomorrow is the most important thing in life
  • billywilly
    billywilly Posts: 468 Forumite
    bloolagoon wrote: »
    The rumour is that it's also going to affect workers. So WTC won't be the exemption it is now unless you are hitting conditionality. I'm assuming childcare element is exempt too.

    Apparently it's because IDS wanted to hit CB and now can't so was told to find other ways. I guess £23,000 plus your wages should always be enough though. But the I work with no income brigade will be affected.

    But NOT the disabled or pensioners!!!!!!
  • poppy10_2
    poppy10_2 Posts: 6,588 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    So it's not even confirmed yet?
    It was one of their key manifesto commitments so there's no way they will drop it just two months after the election. If they'd been in coalition they might have had to negotiate on it but now that they have an absolute majority they can do what they like. It's definitely happening.
    billywilly wrote: »
    But NOT the disabled or pensioners!!!!!!
    The cap won't apply to people on DLA or PIP

    oaCvZqs.png
    poppy10
  • NorthFin
    NorthFin Posts: 192 Forumite
    bloolagoon wrote: »
    The rumour is that it's also going to affect workers. So WTC won't be the exemption it is now unless you are hitting conditionality. I'm assuming childcare element is exempt too.

    Apparently it's because IDS wanted to hit CB and now can't so was told to find other ways. I guess £23,000 plus your wages should always be enough though. But the I work with no income brigade will be affected.


    Its not going to include housing benefit for everyone in the city is it?

    Think of all the workers with kids in London, £23K is mostly going to their LL just to live in the area near their job.
  • billywilly
    billywilly Posts: 468 Forumite
    NorthFin wrote: »
    Its not going to include housing benefit for everyone in the city is it?

    Think of all the workers with kids in London, £23K is mostly going to their LL just to live in the area near their job.

    If they are on benefits, living and working in London, then they would be better off leaving and going somewhere else that is cheaper.

    If the rent is £23,000 a year only those earning in excess of £80,000 should be living there - they can afford it without recourse to public funds.

    With London, there will have to be a general exodus of those who have to rely on benefits to survive. They are going to have to come to the conclusion that enough is enough and move away and let those that can afford to live there move in.
  • Killerseven
    Killerseven Posts: 205 Forumite
    billywilly wrote: »
    If they are on benefits, living and working in London, then they would be better off leaving and going somewhere else that is cheaper.

    If the rent is £23,000 a year only those earning in excess of £80,000 should be living there - they can afford it without recourse to public funds.

    With London, there will have to be a general exodus of those who have to rely on benefits to survive. They are going to have to come to the conclusion that enough is enough and move away and let those that can afford to live there move in.


    If there is thi mass exodus from London, then who will do all the min wee jobs?

    There will be. Lot of empty properties especially when you consider how many new properties re being added to londons supply every year.

    Just shows how overvalued property and rents have got due to housing benefit pushing and holding up prices.

    If housing benefit is cut, then rent no house price will fly to more fair level, but lots of repossessions on the horizon
    HTB = Help to Bubble.
  • Killerseven
    Killerseven Posts: 205 Forumite
    tomtontom wrote: »
    Nonsense, there will always be people wanting to rent in London and capable of paying the rent themselves. Look how quickly properties are snapped up, including those that don't accept benefits. I doubt any London landlords will be concerned with the benefits cap, except the cost of evictions.

    So if all the families working and not who rely on housing benefit are forced to move out of London, who will do the min wage and low paid jobs? Can people really travel that far everyday, when they could almost certainly get an easy min wage job close to their new home wherever they end up outside London?
    HTB = Help to Bubble.
  • tomtontom
    tomtontom Posts: 7,929 Forumite
    So if all the families working and not who rely on housing benefit are forced to move out of London, who will do the min wage and low paid jobs? Can people really travel that far everyday, when they could almost certainly get an easy min wage job close to their new home wherever they end up outside London?

    People already do travel into London each day - they're known as commuters.

    You assume that all those on NMW are in receipt of benefits, you forget about those that choose to live to their means. People live with families, in shared houses - it is possible to survive in London on a low wage, you just cut your cloth accordingly.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245K Work, Benefits & Business
  • 600.6K Mortgages, Homes & Bills
  • 177.4K Life & Family
  • 258.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.