Below are a number of tables which show the reality of the Overall Benefit Cap (OBC) and what it will mean for social housing, in short its demise.
The tables are self-explanatory as they detail the anticipated levels of the cap itself (A) using wage inflation (AWE) currently at 1.5%; the anticipated welfare benefit rates using CPI inflation (2.2%); and rent inflation RPI of (3.1%) + £2 is used for rent figures.
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