Chancellor Rachel Reeves, whose Labour Party has promised an end to austerity, unveiled billions of pounds of new cuts on Wednesday. View on euronews
The UK government is defending its decision to implement welfare cuts, despite warnings from economists that these measures could push an additional 250,000 people into poverty. The cuts include changes to Universal Credit, such as the abolition of the £20 weekly uplift introduced during the Covid-19 pandemic, and a stricter benefits cap. Critics argue that these reductions will disproportionately affect the most vulnerable, exacerbating poverty and inequality. The government, however, insists that these reforms are necessary to encourage employment and reduce welfare dependency, aiming to balance the budget and stimulate economic growth. They also highlight that support remains available for those in genuine need, pointing to other welfare provisions and employment support programs.