Rachel Reeves accused of balancing books on back of UK’s poorest
by Heather Stewart and Pippa Crerar from Economics | The Guardian on (#6W6MX)
Labour is braced for a backlash from its MPs over welfare cuts called appalling' by a food bank charity
Rachel Reeves was accused of balancing the books at the expense of the poor in her spring statement, as official figures showed three million households could lose 1,720 a year in benefits.
The chancellor confirmed welfare cuts of 4.8bn, but insisted the government's priority was to restore stability to the public finances in the face of rising global borrowing costs.
Continue reading...