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David Laws
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Finance
finance · BBC
Chief secretary to the Treasury, David Laws, stated that halting payments to newborns and top-up payments would save £520m, with £320m saved in 2010 and 2011, and savings rising to £520m in 2011-12.
“Chief secretary to the Treasury, David Laws, said halting these payments to newborns from the end of the year - and the top-up payments - would save £520m. Some £320m will be saved in 2010 and 2011, …”
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