John Cridland, the Deputy Director of the Confederation of British Industry (CBI), commented on the 21st Century Welfare documentation recently produced by Iain Duncan Smith. The article sets out proposals for the abolishment of tax credits and the collation of several benefits into one package. Mr Cridland said
“Long-term worklessness has been a problem for many years, and the Government’s announcement on realigning the benefits system to make work pay and improve welfare to work services is a step in the right direction.”
“Getting more people off benefits and back into work is also crucial to restoring the public finances, as those in jobs will pay taxes and draw less in welfare payments”
“The private and voluntary sectors have a strong track record in helping the long-term unemployed back into work, and the Government is right to draw on their expertise to help deliver this important programme.”