Housing benefit fraud and error report published – News from Parliament – UK Parliament

English: Parliament buildings London UK

English: Parliament buildings London UK (Photo credit: Wikipedia)

 

According to the UK Parliament Select Committee the Department of Works and Pensions (DWP) has failed to tackle problems of Housing Benefit fraud and error quickly & convincingly. Yesterday’s report is a must read. Check it out!

via Housing benefit fraud and error report published – News from Parliament – UK Parliament.

What caught my attention was the following:

Around £12.6 billion has been spent on Housing Benefit overpayments since 2000/01 – money that could have been used to improve the system.

Also:

The size of the over-payments is going up not down. In the last financial year £1.4bn of overpayments were made.

What is truly amazing is that the rate of fraud is increasing after nearly four years of David Cameron’s government, despite austerity.

With a UK national election this year, these figures highlight the massive levels of waste in the UK public sector.

Let me ask two open questions:

1. Given the massive fraud at the DWP, surely it’s better to outsource administration?

2. Surely, it would be preferable to scrap housing benefit, and find a more effective way of helping the needy?

Thoughts?

Half of UK households are now shopping at Aldi or Lidl – Telegraph

Aldi

Aldi (Photo credit: Wikipedia)

This is an excellent article from the Telegraph. It’s a must-read. Check it out!

via Half of UK households are now shopping at Aldi or Lidl – Telegraph.

In my view, it’s time for a radical shake up of the UK supermarket sector. Market leaders, like Tesco have grown too fat – they have not listened effectively to their customers – now financial markets are showing their surgical skills.

Retailers need to open up and bring in top-class professionals from other sector. It’s time for change.  Listen to the customers, who are voting with their feet. Of course, the first place to start is to replace the finance teams who have allowed the accounting scandals.

Thoughts?