Rachel Reeves signals plan to remove two-child benefit cap in budget

Chancellor understood to be preparing to fully reverse the measure, which could lift 350,000 children out of poverty

Rachel Reeves is planning to remove the two-child benefit cap in full at this month's budget, in a move that could cost more than 3bn but lift 350,000 children out of poverty.

The chancellor is understood to be preparing to reverse the Conservative measure entirely, having originally looked at ways to taper it either for very large families or richer ones.