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£47 Billion Cuts Announced: Welfare and Aid Targeted

10/6/2025

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Summary

Story summary

Mel Stride, the Shadow Chancellor, will announce £47 billion in cuts.
At the Conservative conference, the cuts target welfare, foreign aid, and social housing.
Welfare reforms would replace low-level mental health payments with treatment programs and bar non-citizens from state support.
Critics, including the Institute for Economic Affairs, warn pensions spending threatens sustainability; Conservatives have not pledged pension-triple-lock changes.

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Story summary

Mel Stride, the Shadow Chancellor, will announce £47 billion in cuts.
At the Conservative conference, the cuts target welfare, foreign aid, and social housing.
Welfare reforms would replace low-level mental health payments with treatment programs and bar non-citizens from state support.
Critics, including the Institute for Economic Affairs, warn pensions spending threatens sustainability; Conservatives have not pledged pension-triple-lock changes.