Taxpayers forking out eye-watering £25MILLION-a-week to pay for benefits cheats’ claims

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Taxpayers forking out eye-watering £25MILLION-a-week to pay for benefits cheats' claims.

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Benefits fraudsters who conceal their savings and assets are draining more than £25million from the public every week, according to Department for Work and Pensions figures.The data reveals that claimants who failed to disclose cash, investments and other funds hidden in their accounts extracted a record £1.325billion from the welfare system during the last financial year.This represents a surge of more than a third compared to four years ago, when the figure stood at £982million in 2021-22.Universal Credit accounted for the bulk of the losses, with £1.04bn attributed to undeclared savings and capital.

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TRENDING Stories Videos Your Say He argued the government had demonstrated an inability to tackle a system being systematically abused."Labour has shown it is incapable of getting a grip on a welfare system that is being exploited on an industrial scale," he added.The Reform UK chairman pledged his party would clamp down on fraudulent claims and ensure taxpayer funds reached only those...

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