Loading...
Market
UK DWP seizes funds from bank accounts by March 31, 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements 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 This reform, spearheaded by Liz Kendall, aims to address outdated measures and reduce the significant financial impact of fraud, which cost taxpayers a record £7.3 billion last year.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%
Yes • 50%
No • 50%
Privacy concerns • 25%
Legal overreach • 25%
Economic impact • 25%
Other • 25%
Privacy International • 25%
Liberty • 25%
Open Rights Group • 25%
Other • 25%
Policy to halt all reclamations • 25%
Policy to reduce the amount reclaimed • 25%
Policy to maintain current reclamation practices • 25%
No new policy announced • 25%
Yes • 50%
No • 50%
