UK Cuts Welfare Spending by $6.45 Billion Amid Economic Uncertainty 💷

The UK government announces a significant reduction in welfare spending by approximately $6.45 billion to stabilize the economy as growth forecasts are halved. Find out how this will impact public services and citizens.

CGTN Europe6.3K views3:01
UK Cuts Welfare Spending by $6.45 Billion Amid Economic Uncertainty 💷

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Welfare spending in the UK will be reduced by about $6.45 billion dollars, as the government seeks to bring the country’s finances under control.<br /><br />This will be done, in part, by making it harder for people to claim disability benefits.<br /><br />CGTN’s Li Jianhua has the latest from Wesminister. <br /><br />#UK#Budget#SpringStatement#Finance #economy
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Published
Mar 26, 2025

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