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  • 8 hours ago
Shadow Chancellor Mel Stride says the government is "simply planning for failure" ahead of the upcoming Budget which is set to see taxes rise. "Not only is this is a colossal burden on the public finances but it is also trapping millions of people into a life on benefits when many can and should be working," Mr Stride said.
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Transcript
00:00The terms of reference for their review of sickness benefits say that it will be conducted, assuming that spending is in line with the OBR's forecasts.
00:10If you look at those forecasts, you will see that the government is simply planning for failure.
00:16In fact, the latest numbers from March showed that spending on PIP alone would rise by almost one-third over the course of this Parliament.
00:24That's from £27 billion to £35 billion. That's in real terms.
00:30And that was assuming that Labour could make the £5 billion of savings which they have now abandoned.
00:37Not only is this a colossal burden on the public finances, it is also trapping millions of people into a life on benefits when many can and should be working.
00:48We need serious and fundamental reforms to get people off benefits and into work and to get the welfare bill back on a sustainable path.
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