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Autumn Statement: Osborne must address generational inequality

The Prime Minister has often repeated the mantra that we are “all in this together." It is time to make that analysis more credible

By William Mosseri-Marlio  

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Read our cover story on workers vs pensioners—the battle of our time

Today, the Chancellor will deliver his Autumn Statement. Among his announcements is expected to be mitigation for the planned Tax Credit cuts. Rejected by the House of Lords, the cuts have rightly been criticised across the political spectrum. Any mitigation will, however, come with a price tag. As the Work and Pensions Select Committee have argued, in closing that savings gap the Chancellor should avoid further hitting working people and instead look at the “generational balance of welfare expenditure.” They…

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