The Institute for Fiscal Studies warns that to balance the books, benefits cuts may reach up to £1,200 a year for disabled and long-term sick individuals. Work and pensions secretary Liz Kendall plans to cut around £5bn in benefits, focusing on working-age welfare claimants, with fears that the annual bill for these benefits could reach £70bn by 2030. Despite the OECD downgrading the UK’s growth forecasts, the government insists that benefits cuts are not necessary, but the IFS director Paul Johnson warns of limited room for maneuver in the upcoming spring statement.
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Theresa May hits back at Kemi Badenoch over Tory leader’s claim net zero by 2050 is ‘impossible’
Former prime minister Theresa May rebuked new Tory leader Kemi Badenoch for claiming that achieving net zero by 2050 was "impossible." Badenoch faced backlash from business leaders and former Tory ministers for her comments, with May asserting that the goal is challenging but feasible, supported by the scientific community and necessary to combat climate change. May emphasized the importance of taking action now to prevent further climate-related risks and costs in the future. Full Article
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