Thursday, December 1, 2011
Good news for slumlords
Housing benefit costs will rise by nearly Â£2 billion by 2016 despite government efforts to cut the bill, said the Office for Budget Responsibility yesterday. The OBRâ€™s economic and fiscal outlook said: "This is mainly due to changes in the population eligible for housing benefit. Recent survey information suggests that the proportion of people likely to be eligible for housing benefit continues to grow and we have reflected this in our assumptions about caseload growth."