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Mr. Austin Mitchell
asked the Secretary of State for Social Services what benefit will accrue to the Exchequer from the 5 per cent. cut in short term and invalidity benefits from the date of the cut to the end of the fiscal year 1982–83.
Mr. Rossi
Taking account of offsetting costs on supplementary benefit it is estimated that the abatement of national insurance invalidity and short term benefits saved:
£million | |
1980–81 | 45 |
1981–82 | 130 |
1982–83 | 135 |