Can we turn around the welfare supertanker?

The shadow work and pensions secretary, Rachel Reeves, tried to seize the ‘firm but fair’ mantle on Monday after being outdone by the Tories and Lib Dems on welfare, says Benedict Brogan on his Daily Telegraph blog.

Iain Duncan Smith and Theresa May wrote a column in The Daily Mail criticising Labour for “throwing cash at immigrants when it was in office”. They announced that, as of April, new EU migrants will not be able to claim Housing Benefit as well as Jobseekers Allowance (JSA).

So, Reeves unveiled plans to strengthen the link between what people pay in and take [...]

MoneyWeek magazine

Latest issue:

Magazine cover
Walking out on the banks

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 3 FREE Issues
Shale gas 'fracking' promises to transform Britain's energy market. Find out what it is, what it means, and how to invest.

More from MoneyWeek

The problem with the Bank of England

Fracking: Nine reasons not to get carried away

Five small-cap stocks worth a flutter

This Dutch company could help us tame floods

ScreenHunter_01 Mar. 25 09.51

Get the latest tips and investment opportunities from MoneyWeek magazine: Claim 3 FREE Issues HERE