Predicted Financial Impact of Benefit Changes in 2015/16

 

We (LCC) have obtained results from the Local Government Association that detail the predicted effects of welfare benefit reforms. In 2015/16, it is estimated that the income of households claiming benefit will be on average lower by £1,615 a year (excludes the impact of universal credit). Five of the 14 Lancashire authorities were placed in the top 50 for estimated average losses. A total of 233,800 claimant households in the Lancashire 14-area are predicted to lose £402.1m in benefits in 2015/16 as a result of these changes.

 

13 of the 14 Lancashire local authorities are predicted to have a higher average loss per claimant household than the national outturn of £1,615. Only West Lancashire, with an average of £1,522, is expected to experience an average loss that will be lower than the norm.