Universal Credit slammed by National Audit Office

Spending watchdog the National Audit Office (NAO) has criticised the implementation of the Government’s Universal Credit welfare reforms, which it claims have “not achieved value for money”.  In a damning report the NAO said the policy was overambitious, had been badly managed and has already wasted £34 million of taxpayers’ money.  Shadow Work and Pensions Secretary, Liam Byrne MP, claimed universal credit was at risk of becoming a “sinking ship”. However, Work and Pensions Secretary, Iain Duncan Smith MP, has rejected criticism of the scheme and insisted it will be delivered “on time and on budget”.

Sky News