Ten Things You Need to Know Today: Sunday 16 Nov 2014

1. OSBORNE ‘HELPS RICH BY HITTING POOREST’

George Osborne has masterminded a transfer of income from the least well-off half of the population to the more affluent over the past four years, says The Observer. A London School of Economics report found that changes to benefits and income tax have switched income from the poorer half of households to most of the richer half, with poorest families hit hardest.

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