UK Benefit Cuts to Cause More Pain Than Gain, Think Tank Finds
Labour's benefit cuts will leave hundreds of thousands more Britons in poverty even after accounting for the employment boost the government claims the reform plans will deliver, according to analysis by the Resolution Foundation think tank.
At the Spring Statement in March, Chancellor of the Exchequer Rachel Reeves announced £4.8 billion ($6.4 billion) of projected annual savings by 2030 from cutting the generosity of disability and health benefits. The government's own analysis found that the changes would push 250,000 people into poverty, including 50,000 children, and make 700,000 already struggling families even poorer.
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