Rachel Reeves has delivered her spring statement, fuelling further debate about the economy and living standards in the UK.
The chancellor introduced deeper welfare cuts to meet her borrowing rules. The health element of universal credit for new claimants will be halved and frozen, while the standard allowance will rise more slowly than expected. A £1bn investment aims to help people back into work, but civil service job losses could reach 50,000 as part of £2bn in annual departmental cuts.
