UK Chancellor Healey says UK will bring down welfare bill, but it will be done in a 'Labour' style; will legislate next year
ORIGINAL · NewsquawkUK Chancellor Healey says UK will bring down welfare bill, but it will be done in a 'Labour' style; will legislate next yearRead originalHide original
Will publish final reports next month Will set out our response before the end of the year PM has already announced that from 2030, will adjust the triple lock, so that the state pension rises every year and keeps pace with earnings and inflation; reforms will save GBP 50bln by 2050
The headline reports planned legislation next year to reduce the welfare bill; the item also gives report and response timings and describes a 2030 triple-lock adjustment with a stated GBP 50bln saving by 2050.
News detail
Will publish final reports next month Will set out our response before the end of the year PM has already announced that from 2030, will adjust the triple lock, so that the state pension rises every year and keeps pace with earnings and inflation; reforms will save GBP 50bln by 2050
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