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The Guardian - UK
The Guardian - UK
Politics
Heather Stewart Economics editor

Where does the welfare bill climbdown leave UK public finances?

Rachel Reeves OBR Pip Sir Keir Starmer
Keir Starmer pictured at a podium
Keir Starmer averted a backbench rebellion after a major climbdown over proposed welfare cuts. Photograph: Carl Court/Reuters

Keir Starmer managed to avert a parliamentary defeat over his main welfare bill on Tuesday, but only by removing a central element. So where does the government’s latest climbdown leave the public finances?

How much will the U-turns cost?

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