Ellie Ames 13 June 2024

Annual welfare spending to rise by £20bn

Annual welfare spending to rise by £20bn image
Image: Tero Vesalainen / Shutterstock.com

Welfare spending is set to increase by £20.8bn a year by the end of the next parliament, a think-tank has found.

Resolution Foundation based the figure on current policies and caseload forecasts, and said the rise would be driven almost entirely by increased spending on pensioners and those with a health condition.

A report by the think-tank said more than 90p of every extra £1 spent would go on the State Pension and disability and incapacity benefits.

Meanwhile, the roll-out of the two-child limit will push the majority (51%) of large families into poverty by 2028-29, the foundation said.

Its report also found that since 2010, among households receiving benefits or the State Pension, pensioners benefited the most overall, gaining £900 on average, while working-age families have lost £1,500.

Resolution foundation economist Alex Clegg said: ‘Britain’s welfare system has experienced a rollercoaster of ratchets, retrenchment and reform since 2010 that have created a mix of big winners and losers.’

He said that while welfare reform is currently focused on disability-related benefits, the next government would ‘face wider welfare challenges from homelessness to childhood poverty’.

SIGN UP
For your free daily news bulletin
Highways jobs

Social Care Practitioner (Safeguarding Hub)

The Royal Borough of Windsor & Maidenhead
£26,895 - £30,132 per annum
We have an exciting opportunity for two Social Care Practitioners to join us in the Safeguarding Hub! Maidenhead, Berkshire
Recuriter: The Royal Borough of Windsor & Maidenhead

Commissioning and Contracting Assistant

North Yorkshire Council
£34,434 - £38,220
Are you highly organised, analytical and passionate about making a real difference to children and young people? Northallerton, North Yorkshire
Recuriter: North Yorkshire Council

HGV/LGV Driver

North Yorkshire Council
£34,094 - £37,226
Would you like a rewarding role that allows you to work outside in some of the most scenic places in the country? Harrogate, North Yorkshire
Recuriter: North Yorkshire Council

Cook

North Yorkshire Council
£13.47 - £14.13 per hour
We have an opportunity to join our award-winning Facilities Management catering team Skipton, North Yorkshire
Recuriter: North Yorkshire Council

Relief Travelling Cook

North Yorkshire Council
£13.47 - £14.13 per hour
We are a ‘fresh food’ organisation encouraging children and young people to choose nutritious meals. Northallerton, North Yorkshire
Recuriter: North Yorkshire Council
Linkedin Banner