The Department for Work and Pensions (DWP), responsible for Universal Credit and PIP, is set to face significant budget cuts, according to BBC reports. The Chancellor has ordered departments to make billions of pounds in spending reductions, and the DWP is feeling the pinch ahead of the spring statement.
The cuts are expected to be outlined on March 26, but the proposals will be reviewed by the Office for Budget Responsibility (OBR) today. Back in October, the Chancellor had £9.9 billion to spend, but it seems that sum has evaporated due to inflation, tariffs, and rising borrowing costs.
