Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, what estimate his Department has made of the net annual savings to the Exchequer since the introduction of the benefit cap in 2013.
Since the introduction of the benefit cap from April 2013 the annual reduction to Housing benefit due to the cap was £60 million in 2013/14, £80 million in 2014/15 and £65 million in 2015/16.
Notes:
A detailed explanation of the estimated net annual savings to the Exchequer from the new, lower benefit cap of £23,000 per year in London and £20,000 per year outside London can be found in the latest Impact Assessment, published 25th August 2016: