Image Osborne needs to explain HOW he’ll shave £12bn from welfare #UKGeneralElection 19 Thursday Mar 2015 Posted by The Template News, Current Affairs and Sport Website in Analysis, Financial, Politics, UK ≈ Leave a comment TagsAusterity, david cameron, Ed Miliband, Financial, Food banks, General Election 2015, George Osborne, Politics, Template News, UK INSTITUTE FOR FISCAL STUDIES says figures presented make up £2bn and will be implemented by 2017/18. Radical cuts, it added, will be needed in Child benefit , housing benefit and disability. Share this:FacebookLinkedInTwitterTumblrSkypeLike this:Like Loading... Related