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Reeves Considers Welfare Cuts to Fund Investment in Jobs and Green Energy

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Rachel Reeves,Welfare Budget,Investment

Chancellor Rachel Reeves is reportedly considering cuts to the welfare budget in order to fund increased investment in long-term projects such as rail infrastructure and green energy. The government plans to focus on encouraging people back into work through 'big reforms' of job centers and welfare.

The Chancellor has been under intense pressure from MPs, charities and Labour’s union backers to row back on the decision to scrap winter fuel payments for most pensioners Rachel Reeves is considering cuts to the welfare budget in order to spend more on long-term investment as she prepares to draw up a money-saving Budget.

The minister promised to address the number of young people out of work due to mental health issues, saying: “You have to be earning or learning if you are young.” The Chancellor has been under intense pressure from MPs, charities and Labour’s union backers to row back on the decision to scrap winter fuel payments for most pensioners.

 

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