‘Rapid review’ sought after peers vote to delay tax credit cuts until compensation scheme for low-paid workers is worked outDavid Cameron is planning to set limits on the power of the House of Lords after George Osborne suffered a major blow to his authority when peers voted to delay tax credit cuts in order to protect those who would lose out.
Downing Street will on Tuesday outline plans for a “rapid review” that will examine ways to guarantee that the House of Commons always has supremacy on financial matters, after the prime minister accused peers of breaking a constitutional conference. The plug comes after peers voted in favour of a motion by the former Labour minister Lady Hollis to halt the cuts until the government produces a scheme to compensate low-paid workers for three years.
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Source: theguardian.com