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

Transport and Major Work Manager

Slough Borough Council
£54,556 to £60,085 per year Inclusive of Local Weighting Allowance of £1096
Drive the future of transport and infrastructure in Slough Slough, Berkshire
Recuriter: Slough Borough Council

Residential Worker

Essex County Council
£27935.00 - £35344.00 per annum + includes allowance
Residential WorkerPermanent, Full Time£27,935 - £35,344 per annum (including allowance)Location
Recuriter: Essex County Council

Programme Manager

Local Government & Social Care Ombudsman
£64,582-£70,591 (Coventry & York), £69,204-£75,222 (London)
Every year, the Local Government and Social Care Ombudsman helps thousands of people who have been let down by public services Hybrid working – allocated to offices in Coventry, York or London
Recuriter: Local Government & Social Care Ombudsman

Streetwork Inspector

Royal Borough of Greenwich
£41,113 to £43,680 including London Weighting
Communities, Environment, and Central have a vacancy in its Network Management Division Greenwich, London (Greater)
Recuriter: Royal Borough of Greenwich

Product Manager

Royal Borough of Greenwich
PO5 - £52,194 to £55,323.
Royal Greenwich is a vibrant borough, with a rich history and diverse community. Doncaster, South Yorkshire
Recuriter: Royal Borough of Greenwich
Linkedin Banner