Description
Chancellor John Healey has pledged to reduce the benefits bill "in a Labour way", after opponents criticised his first Budget for lacking details on welfare reform.
Talking to Today's Nick Robinson, the chancellor says it is "simply not good for Britain or progressive to have a bigger and bigger benefits bill”.
Conservative Party leader Kemi Badenoch claimed the benefits bill was rising "because this government has put welfare first".
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00:00 Intro
00:17 “Global economic storm”
01:17 Energy bills
02:33 Increase in tax for landlords
04:22 Inflation and borrowing
07:33 Welfare
10:13 Jackdaw and oil
11:53 Closer relationship with the EU
14:45 “Was it really worth getting rid of Keir Starmer for this?”
15:53 Is outlook on living standards “pretty grim”?
#UKPolitics #Budget #BBCNews