What financial impact has the UK Government's limit on housing benefits to households in social housing considered to have more bedrooms than they needed (the spare room subsidy) had on the Welsh economy?
Answered by Minister for Finance and Local Government | Answered on 14/02/2023
In so far as households affected by the so-called under-occupancy penalty have reduced their spending this will have had negative effects on the economy in Wales. The extent and nature of such effects will depend on the categories of spending affected and no precise estimates are available.