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The Economics of Universal Credit

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The Economics of Universal Credit

Policy in Practice welcomed the call for evidence by the House of Lords Economic Affairs Committee into the economics of Universal Credit.

We submitted evidence based on our own analysis, alongside feedback and recommendations from the frontline organisations with work with.

Our analysis considered:

  • How well has Universal Credit met its original objectives, and whether these the right ones
  • The economic impact and fiscal entrenchment
  • Which claimants have benefited most from the Universal Credit reforms and which have lost out
  • How the world of work has changed since the introduction of Universal Credit
  • Whether Universal Credit’s design adequately reflects the reality of low-paid work and how Universal Credit can better meet the lived experience of claimants

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