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Osborne's £10bn benefits cut

The Government is to press ahead with plans to slash an extra £10 billion from the welfare budget by 2016-17, the Chancellor has said in his speech to the Conservative party conference.

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Osborne speaks about making the welfare system 'fair'

George Osborne has again spoken about the 'fairness' of the welfare system saying that; "It is not just about the money, it comes back to fairness and to enterprise. How can we justify the incomes of those out of work rising faster than those in work?

"How can we justify giving flats to young people who've never worked, when working people twice their age are still living with their parents because they can't afford their first home?

"How can we justify a system were people in work have to consider the full financial costs of having another child while those out of work don't?"

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