Loading...
Market
Number of bank accounts affected by UK DWP powers by end of 2025?
2
Resolution / Starting Odds
Less than 1,000 • 25%
1,000 to 5,000 • 25%
5,001 to 10,000 • 25%
More than 10,000 • 25%
Official reports from the UK government or DWP, verified news reports
Story
UK Government Grants DWP Power to Seize Money from Bank Accounts in £7.3bn Benefit Fraud Crackdown
Oct 19, 2024, 10:16 PM
The UK government has announced a new crackdown on benefit fraud, granting the Department for Work and Pensions (DWP) the authority to take money directly from bank accounts and wage slips. This reform, spearheaded by Liz Kendall, aims to address outdated measures and reduce the significant financial impact of fraud, which cost taxpayers a record £7.3 billion last year. The new powers will allow officials to request information from claimants' bank accounts, a move that has sparked concerns about privacy and government overreach. Benefits cheats could have their bank accounts raided as part of this initiative.
View original story
Similar markets
Passed without changes • 25%
Passed with revisions • 25%
Rejected • 25%
Still under consideration • 25%
Below 1 million • 25%
1 million - 2 million • 25%
2 million - 3 million • 25%
Above 3 million • 25%
Less than 20,000 • 25%
20,000 to 30,000 • 25%
30,000 to 40,000 • 25%
More than 40,000 • 25%
Less than £5 billion • 25%
£5 billion to £7.5 billion • 25%
£7.5 billion to £10 billion • 25%
More than £10 billion • 25%
20,000 to 40,000 • 25%
40,001 to 60,000 • 25%
More than 60,000 • 25%
Less than 20,000 • 25%
20,000 to 30,000 • 25%
30,001 to 40,000 • 25%
More than 40,000 • 25%
Less than 5 • 25%
5 to 10 • 25%
More than 10 • 25%
No legal actions • 25%
Passed as proposed • 25%
Passed with amendments • 25%
Not passed • 25%
Postponed to 2026 or later • 25%
Less than 5,000 • 25%
5,000 to 10,000 • 25%
More than 10,000 • 25%
Exact number not disclosed • 25%
Privacy International • 25%
Liberty • 25%
Open Rights Group • 25%
Other • 25%