https://morningstaronline.co.uk/article/reeves-plans-new-cuts-economy-sags

CHANCELLOR Rachel Reeves is set to announce a huge new programme of spending cuts as unemployment rises and anger at Labour’s assault on disability benefits mounts.

She will use her spring spending statement next week to unveil a fresh austerity programme as the government continues to rule out tax rises on the wealthy as an alternative.

Despair is turning to anger among backbench Labour MPs and trade unions at the government’s course, which is already seeing Labour plunge to record lows in the opinion polls.

Ms Reeves’s death-wish economics come as official statistics showed joblessness increasing, including among young workers.

Unemployment is up by 0.1 per cent, with a youth unemployment rate of 12.9 per cent.

Commenting on the figures, Public and Commercial Services union general secretary Fran Heathcote said: “The labour market figures today highlight the cruelty of the government’s reforms to disability benefits.

“Unemployment is rising, and the wider measure of underemployment is now at 4.75 million with only 816,000 vacancies in the economy — meaning there are already nearly six people chasing every vacancy.

“Those figures exclude disabled people currently deemed unable to work or with only limited capacity for work.

“The reality is that the government’s proposals will not help disabled people off of benefits and into work, but off benefits and into deeper poverty.”

…

Article continues at https://morningstaronline.co.uk/article/reeves-plans-new-cuts-economy-sags