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

Education Navigator - Integrated Front Door

Cheshire East Council
£43,149 - £49,658 per annum
Are you passionate about making a positive difference to the lives of children, young people and families? Macclesfield, Cheshire
Recuriter: Cheshire East Council

Executive Director of Finance and Assets (Section 151 Officer)

West Surrey Council
£161,239–£177,363
You will also lead a more strategic approach to West Surrey’s assets, income and commercial activity. West Surrey
Recuriter: West Surrey Council

Technical & Validation Officer

Ashfield District Council
£29,542 - £32,046 per annum
We have an opportunity available for a Technical & Validation Officer Kirkby-in-Ashfield, Nottingham
Recuriter: Ashfield District Council

Environmental Services Operative (Driver)

Ashfield District Council
£27,274 - £29,071 per annum
Where applicable the skills, qualifications and memberships required for this job have also been included. Sutton-In-Ashfield, Nottinghamshire
Recuriter: Ashfield District Council

Environment Area Supervisor

Ashfield District Council
£33,119 - £35,570 per annum
We are seeking an experienced, forward-thinking and highly motivated operational team leader Sutton-In-Ashfield, Nottinghamshire
Recuriter: Ashfield District Council
Linkedin Banner