Tories to set out plans to cut £47bn from government spending

Shadow chancellor Sir Mel Stride will set out plans to slash Government spending if the Conservatives win the next election (James Manning/PA) - (PA Wire)

A future Conservative government would save £47 billion of taxpayers’ money by cutting spending on welfare, aid and social housing, the shadow chancellor will claim on Monday.

Sir Mel Stride is expected to set out proposals to slash Government spending when he addresses the Conservative Party conference, saying the country cannot “keep spending money we simply do not have”.