Drooid Logo
Back to today’s briefing

Story perspectives

IFS Urges Welfare Cuts Amid £22 Billion Shortfall

10/18/2025

37 4 Full Breakdown

1 of 1

Story summary
  • Institute for Fiscal Studies (IFS) researchers urge Reeves to consider welfare cuts to cover £22 billion.
  • The IFS suggests options like scrapping the pensions triple lock and reducing health benefits.
  • Reeves acknowledges welfare reform but faces backlash from Labour MPs after previous cuts.
  • Critics warn Motability cuts could raise costs for disabled people and limit mobility.
  • The government aims to reassure investors while navigating economic challenges and rising borrowing costs.