Tories Pledge Welfare Reforms to Save £12 Billion a Year

Published on June 9, 2024

The Conservative Party has pledged to reform the welfare system, claiming its plans can save £12 billion a year by 2029. The plans include investment in mental health treatment, a targeted disability benefit system, and a clampdown on welfare fraud. Prime Minister Rishi Sunak said Labour “doesn’t have the courage to tackle this issue and will let the welfare bill spiral,” while Labour said the Tories’ £12 billion savings target was plucked “out of thin air.” The Institute for Fiscal Studies (IFS) think tank said it “looks difficult in the extreme” that the measures would enable further savings of £12 billion compared to the forecast based on the Spring Budget....

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