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2025-03-26 17:01:27

tzongocu on Nostr: 📰 News Alert... 🔖 Title: Rachel Reeves Unveils Major Welfare Cuts and Long-Term ...

📰 News Alert...

🔖 Title: Rachel Reeves Unveils Major Welfare Cuts and Long-Term Economic Investment in Spring Statement
🗓️ Published: 2025-03-26T19:00:00+02:00
📄 Summary: In her latest spring statement, Chancellor Rachel Reeves has announced significant cuts to welfare and public services aimed at addressing a projected £4.1 billion gap in public finances over the next five years. Her proposal seeks to not only balance the budget but to generate a surplus of £9.9 billion, alongside billions in investments to stimulate economic growth. As the government navigates these challenging fiscal waters, the long-term implications for welfare recipients and public programs remain to be seen.
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https://www.theguardian.com/uk-news/video/2025/mar/26/key-takeaways-spring-statement-video

🗞️ Source:
💓 #EconomicPolicy #WelfareCuts #PublicFinance
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