PIP

UK budget: welfare spending to rise by £79bn, but government gives no timetable for cuts

OBR forecasts show welfare spending rising from £353bn to £431bn by 2032. Chancellor John Healey and Prime Minister Andy Burnham say they want to cut spending, but the budget contains no concrete decisions: the key Milburn and Timms reports are still to come. OBR forecasts show welfare spending rising from £353 billion to £431 billion by 2032. Chancellor John Healey and Prime Minister Andy Burnham say they want to cut spending, but the budget contains no concrete decisions: the key Milburn and Timms reports are still to come.