Chancellor Rachel Reeves will unveil her Spring Statement next week just a week after massive backlash to the government’s plans to overhaul the welfare system.
The papers have been given a preview of the Spring Statement and they report there will be no more tax rises but austerity cuts on the way – the heavy cuts to public spending and benefits are to close the budget deficit.
Work and Pensions Sectreaty Liz Kendall announced a series of benefit cuts yesterday as the government looks to overhaul the UK’s welfare system in hopes of saving £5bn a year. There have been widespread reactions to the cuts from across the political spectrum, unions and charities. There are fears that the most vulnerable could be pushed into poverty, dissent amongst Labour MPs who have accused the government of echoing “Tory austerity” and reports more cuts are coming in the spring budget.
The UK government is set to announce significant welfare reforms today, aiming to reduce welfare spending by approximately £5 billion annually. These measures are part of an effort to address rising welfare costs, which are projected to surpass £100 billion by 2030.
Almost all the UK newspapers lead on the story, focusing on different angles from political turmoil within the party, to potentially pushing the poor into poverty.
The headlines dominating the UK news cover domestic and international politics, overnight terror in Gaza, protests over corruption and some lighter stories covering the upcoming Nations League matches and St Patrick’s Day celebrations.
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