Labour's benefit cuts could cost UK economy billions, warns Trussell Trust
Briefly

Keir Starmer's Labour government is under pressure regarding its strict stance on welfare benefits. The Trussell Trust warns these cuts could cost the UK economy over £38 billion annually and increase poverty levels, contrary to Labour's no-austerity promise. A report highlights alarming statistics, with 9.3 million people facing hunger, indicating a significant economic toll alongside societal consequences. The forthcoming child poverty strategy adds urgency as dissent grows regarding cuts, including a hardened two-child benefit limit. Urgent reassessment of welfare policies is needed to prevent further economic and social repercussions.
Keir Starmer's Labour government faces a warning that its strict welfare measures could cost the UK economy £38 billion yearly while worsening poverty levels.
The Trussell Trust stated that welfare spending cuts may lead to dire economic consequences, impacting both the nation's finances and the well-being of its citizens.
Read at Business Matters
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