Rachel Reeves To Announce Fresh Welfare Cuts In Spring Statement

Rachel Reeves leaves Downing Street with her Treasury team on the eve of her first Spring Statement as chancellor.

Rachel Reeves will announce a fresh round of welfare cuts as she delivers her make-or-break Spring Statement.

In a major embarrassment for the government, the Office for Budget Responsibility says benefits reforms announced last week will raise £1.6 billion less than the chancellor had hoped.

As a result, Reeves will be forced to impose even deeper cuts as she desperately tries to balance the nation’s books.