The Newshound

Chancellor John Healey insists the benefits bill 'will come down under Labour' but refuses to say when savings start

John Healey spoke with Laura Kuenssberg as Chief Treasury Secretary Emma Reynolds also refused to commit, telling LBC the government had reduced the gap between youth and adult minimum wage rates "by a third.
John Healey spoke with Laura Kuenssberg as Chief Treasury Secretary Emma Reynolds also refused to commit, telling LBC the government had reduced the gap between youth and adult minimum wage rates "by a third.

Chancellor John Healey told the BBC's Sunday With Laura Kuenssberg programme that "the overall bill will come down under Labour", pledging changes will begin in 2027 after two major reviews report this month. The OBR has warned sickness and disability benefits alone could hit £100 billion a year by the end of the decade. Healey also warned more "hard decisions" on public spending lie ahead.

Healey sparked confusion earlier this week by failing to clarify whether cuts would come before the next election; No 10 had to deny reports he had set a pre-2029 deadline.

Chief Secretary to the Treasury Emma Reynolds said the Government will legislate to bring the bill down "in a fair and sustainable way", dismissing Conservative and Reform proposals as "crude cuts" that push costs elsewhere.

Half the welfare bill is pension costs, Reynolds confirmed, adding Labour is committed to the triple lock this Parliament but plans to amend it in the next.

MoreEvening StandardJohn Healey promises benefits bill ‘will come down under Labour’GB NewsBenefits bill will be cut in 'fair and sustainable way', Emma Reynolds tells GB NewsThe IndependentHealey insists welfare bill will come down under Labour but warns: ‘We never set a timetable for savings’City A.M.Labour will reduce ballooning benefits bill, claims John HealeyLBCTreasury Secretary refuses to commit to equalising minimum wage by next election - as Labour accused of breaking manifesto pledgeThe GuardianChancellor fails to guarantee minimum wage pledge for younger workersEvening StandardHealey hints manifesto pledge on young worker pay not certain before electionDaily MailJohn Healey finds £40m for unions in 'bung to Labour's allies'GB NewsBudget shows Labour is planning an early general election, Robert Jenrick tells GB NewsDaily Mail NewsChancellor is STILL floundering on when Labour will cut benefits spending - as Burnham's ex-adviser warns Budget did nothing to reassure markets that books will be balancedFinancial TimesBritain’s welfare ratchetThe TelegraphHealey refuses to commit to hitting 3pc defence spending by 2030
Read today's full feed at The Newshound →