Reeves to launch crackdown on benefit fraud alongside lifting two-child limit
PositiveFinancial Markets

- Chancellor Rachel Reeves is set to implement a crackdown on benefit fraud while simultaneously lifting the two-child limit for universal credit, a move expected to cost £3 billion. This initiative aims to generate an additional £1.2 billion in savings as the government addresses rising welfare spending criticisms ahead of the upcoming budget.
- The decision to abolish the two-child limit is anticipated to be positively received by Labour MPs, who argue it exacerbates child poverty. This policy shift reflects the government's attempt to balance fiscal responsibility with social welfare commitments.
- The broader context reveals ongoing tensions regarding fiscal policy, with critics warning that without benefit cuts, the UK could face severe financial challenges. Additionally, unions are advocating for a budget that prioritizes living standards, highlighting the need for a comprehensive approach to economic management amidst rising inflation and public discontent.
— via World Pulse Now AI Editorial System







