UK's Labour Government to Announce Cuts to Disability and Health Support Amid Rising Welfare Costs

Britain's Labour government is set to announce cuts to disability and long-term health support, aiming to control a rapidly increasing welfare bill. The announcement precedes a March 26 fiscal statement where pre-election promises to limit tax increases and manage borrowing will face the reality of lower growth and tax revenues. The welfare budget, exceeding the defense budget and projected to reach £100 billion by 2030, is expected to absorb a significant portion of these cuts. Finance Minister Rachel Reeves stated the current system isn't effective for beneficiaries or taxpayers. The changes, expected to amount to £6 billion, have raised concerns within the Labour Party.