Labour has announced key changes to welfare benefits in its Spring Budget, including an above-inflation increase to the Universal Credit standard allowance.
The payment will rise by £7 per week, marking the first time it has received such a boost. Chancellor Rachel Reeves is also expected to outline plans for government spending, including cuts to the civil service and a £2.2bn increase in the defence budget. The announcement comes as inflation falls to 2.8%, providing a potential economic boost ahead of the budget statement.
Reeves faces pressure to balance welfare support with fiscal responsibility in her upcoming address.
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LIVE: Inflation falls to 2.8% percent ahead of Rachel Reeves' Spring Statement
Rachel Reeves is expected to lay out her plans on government spending - including cuts to the civil service, changes to welfare, and how she will fund an £2.2bn increase to the defence budget.
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