Article 5EXPM IFS criticises 'remarkable' move not to phase out universal credit uplift

IFS criticises 'remarkable' move not to phase out universal credit uplift

by
Larry Elliott Economics editor
from on (#5EXPM)

IFS says 80 per month benefit uplift should be cut gradually and doubts if Sunak can stick to his spending plans

One of the UK's leading thinktanks has criticised Rishi Sunak's plans for an abrupt end to the 20 a week increase in universal credit, calling the decision not to phase out the uplift remarkable".

In its post-budget analysis, the Institute for Fiscal Studies contrasted the way in which the furlough, stamp duty holiday, the cut in VAT and business rates support were being phased out, with the cliff-edge for universal credit (UC) in September.

Related: Budget 2021: key points at a glance

What is universal credit?

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