Sunak Says Old Tech Prevented Him From Raising Benefits

The video discusses the challenges faced by working families and those reliant on state benefits due to inflation. It suggests spreading benefit uprating over two years to mitigate impact, but acknowledges technical challenges in the welfare system. The video highlights efforts to strengthen work incentives through the National Living Wage and Universal Credit. It also emphasizes the role of local councils in providing discretionary support to vulnerable families.

What is the significance of the National Living Wage and Universal Credit taper rate mentioned in the text?

Why is it difficult to forecast the needs of families from the Treasury's perspective?