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Labour's 'Botched' Welfare Reforms Fail 1 Key Test, Ex-Bank Of England Economist Claims

15 3
01.07.2025

Andy Haldane and Keir Starmer

Labour’s “botched” welfare reforms will not offer enough help to people trying to find gainful employment, according to the former chief economist at the Bank of England.

MPs are set to vote on the government’s controversial plans to cut Universal Credit and Personal Independence Payments later today.

Keir Starmer already had to water down the government’s initial proposals after more than 120 Labour MPs vowed to vote against them.

But, even with these new concessions, dozens of his own backbenchers are still poised to rebel against the second reading of the bill in the Commons.

It comes after the government’s own assessment estimated that 150,000 people will be pushed into poverty as a result of the reforms.

Andy Haldane, who still sits on the Treasury’s Economic Advisory Council and worked at the UK’s central bank from 1989 to 2021, slammed the plans.

He told

© HuffPost