Lindsay Mitchell: Welfare and the wasted opportunity

MSD released its annual report for 2022/23 yesterday. There is bad news. The average future years expected on a main benefit has increased yet again.

The crosses below indicate failed direction of trend which is explained with: "This KPI did not meet the direction because of less favourable economic forecasts (including higher unemployment rates), lower exit rates and changes in our client mix from those requiring support during the COVID-19 pandemic."