As you will know George Osborne has delivered his Comprehensive Spending Review (CSR) statement to the House of Commons, which laid out departmental cuts and large scale reform plans.
We appreciate that our residents will be feeling the pinch already and worried about their future income and how they will make ends meet. Our income team and benefits advisers are happy to help you talk through what steps you should be making at this stage or point you in the right direction for help.
Our helpline numbers are at the bottom of the page.
We would like to hear your concerns and opinions on this, and how Circle Anglia can best support those most affected by the cuts.
Social landlords will be able to offer new social tenants new intermediate rental contracts at rent levels between current market and social rent levels; expected to be up to 80% of market levels. Existing social tenancies and rent levels will remain unchanged.
Drastic reform to the working-age benefit system was central to Mr Osborne’s statement today; which he claimed will deliver net savings of £7 billion a year and ‘create a fairer and more affordable welfare system, improving incentives to work and tackling dependency, while protecting those who are genuinely unable to work’. Measures included:
For a full "at-a-glance" report of the key areas of cuts, visit the BBC news website >
If you have concerns about your financial situation, are experiencing debt, or would like financial advice, please contact:
The income team are available during office hours, and until 6:30pm on Tuesdays.
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