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Osborne curbs welfare benefits

The newly unemployed will have to wait at least seven days before they are able to sign on, under a series of changes to welfare benefits announced by the Chancellor. A new welfare cap will be set from 2015 and OAP expats face losing fuel payments.

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Chancellor to outline plans for capping welfare rises

The Chancellor is expected to lay out his plans for curbing parts of public expenditure that are normally considered outside his control - the so-called Annual Managed Expenditure.

The Chancellor may target housing benefits as part of his plans to curb welfare rises Credit: Tim Ireland/PA

These include welfare, debt interest payments, tax credits and public sector pensions, which fluctuate over time and account for roughly half of all government spending.

The Times (£) reports that the Chancellor will target housing and incapacity and sickness benefits.

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