Chancellor Rachel Reeves plans several billion pounds in cuts to the welfare budget ahead of her Spring Statement due to a forecasted unsustainable rise in welfare spending. The Office for Budget Responsibility projected that spending on health and disability benefits would increase from £64.7 billion in 2023-24 to £100.7 billion by 2029-30. This rise is attributed mainly to working-age adults, particularly in response to increased claims post-COVID-19, driven by rising physical and mental health issues among younger populations.
According to the OBR, spending on health and disability benefits is projected to rise dramatically, driven by an increase in claims from working-age adults, particularly post-pandemic.
As welfare spending continues to grow unsustainably, the government is facing pressure to implement several billion pounds in cuts, indicating a significant policy shift.
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