The Scotsman cartoon: Welfare cuts on the way

As storms continued to batter the UK and more flood alerts were issued, chancellor George Osborne warned that the economy still has a long way to go before reaching calmer waters.

Illustration: Iain Green
Illustration: Iain Green

Mr Osborne said that substantial cuts to benefits would be required to balance the nation’s books, with the welfare budget alone set to be trimmed by £12 billion.

He also suggested that under-25s and those earning more than £65,000 would not be eligible for housing benefit.