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Welfare reforms 'lose' Wales £930m a year, ministers say

About £930m is being lost to the Welsh economy every year because of welfare reform, the Welsh government claims.

It argues the figure is equivalent to every working age adult in Wales having £500 less to spend each year.

Its research found the worst-hit counties were Neath Port Talbot, Blaenau Gwent and Merthyr Tydfil.

But the UK Department for Work and Pensions says 200,000 people in Wales will be better off by £163 a month when universal credit is rolled out fully.

Economics Correspondent Sarah Dickins looks at the figures.

  • 17 Feb 2014
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