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’.

Devolution and putting place first image

Devolution and putting place first

The real lesson of Andy Burnham's Makerfield success, argues Dr Jonathan Carr-West, is that place – not personality – is the key to Britain's future.
SIGN UP
For your free daily news bulletin
Highways jobs

Healthy Housing Coordinator

Wakefield Council
£39,152 - £41,771
Wakefield Council has a reputation for developing and delivering impactful healthy housing initiatives Wakefield, West Yorkshire
Recuriter: Wakefield Council

Markets Operations Attendant (Casual)

Wakefield Council
£13.47 - £13.69 Per Hour
Are you passionate about making a difference to our citizens and the district that they reside in? Wakefield, West Yorkshire
Recuriter: Wakefield Council

Assistant Street Cleansing Operative

Wakefield Council
£25,989 - £26,403
An opportunity exists in the Council’s Environmental Services for an Assistant Street Cleansing Operative Wakefield, West Yorkshire
Recuriter: Wakefield Council

UGOBus Driver

Essex County Council
Up to £25959.00 per annum
UGOBus DriverPermanent, Part Time£25,959 per annum full time equivalent Location
Recuriter: Essex County Council

Regulation 44 Officer

Wakefield Council
£32,061 - £34,434
Wakefield Children’s Services have been rated by Ofsted as GOOD. Wakefield, West Yorkshire
Recuriter: Wakefield Council
Linkedin Banner