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Reeves plans billions in benefits and other spending cuts

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Reeves plans billions in benefits and other spending cuts - Treasury sources warn 'world has changed' since chancellor's Budget as more cuts loom
Rachel Reeves, the shadow chancellor, has outlined plans for significant spending cuts if Labour wins the next general election. These plans include reducing the benefits bill by billions of pounds, aiming to fund Labour's commitments without increasing the national debt. Key measures involve tightening eligibility for benefits, particularly targeting those deemed fit to work, and reducing the overall welfare budget. Reeves also mentioned potential cuts in other government departments, with the goal of reallocating funds to public services like health and education. This strategy is part of Labour's broader economic policy to demonstrate fiscal responsibility and to differentiate from the current government's approach to public spending.

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