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: Transport funding to come from public pot

Responding to a question from the former Chancellor Alistair Darling, George Osborne confirmed that the increase in transport funding would come from public money.

He also said he was looking at ways to reform planning laws to "accelerate the delivery of [infrastructure] projects".

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