Easing of welfare cuts predicted in Autumn Statement
A rise in the 'National Living Wage' and easing of benefit cuts are expected in Chancellor Philip Hammond's Autumn Statement
Philip Hammond - credit Kirsty Wigglesworth/AP/PA
Chancellor Philip Hammond will deliver his first major economic statement to the House of Commons today amid predictions he will scale back some of his predecessor George Osborne's more extreme austerity measures.
Prime Minister Theresa May has promised to protect those 'just about managing', and Hammond's Autumn Statement is expected to include a £1.4bn investment in affordable housing, an easing of welfare cuts and an increase in the minimum wage.
There is also rumours he may unveil a ban on letting agency fees - something the Conservatives have previously ruled out. Theresa May herself has voted against the ban twice.
Graeme Brown, director of Shelter Scotland, welcomed the move and urged the Scottish Government to use its allocation of the investment in housing.
“This cash injection of £1.4 billion in affordable housing by the UK government will mean Scotland should benefit by more than £100 million through Barnett Consequentials," he said. "We urge the Scottish Government to add this to the £3 billion it has already committed to invest in affordable housing and build more than the 50,000 new homes it has promised and protect people from the impact of benefit cuts.”
The Office for Budget Responsibility will publish its estimates for the country's economic growth and the government's finances immediately after Hammond's speech.
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