Benefits cuts on way, says think-tank

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Benefits for working-age people could be cut by almost a quarter if reforms initiated by the coalition Government are carried through over the next five years, says an independent economic think-tank.

Despite numerous reforms announced since 2010, analysis by the Institute for Fiscal Studies (IFS) found that the total social security bill for benefits and pensions has remained “virtually unchanged” after inflation is taken into account, reaching £220 billion in 2015/16.