See every side of every news story

Published 21 hours ago • loading... • Updated 21 hours ago

Britain must cut welfare spending, warns JP Morgan

Summary

Britain must cut spending on welfare benefits or face a miserable cycle of repeated tax rises every year, the world’s largest bank has warned. In a warning shot ahead of next month’s Budget, JP Morgan said Rachel Reeves should focus on tackling surging spending on the rising number of pensioners and workless young people – rather than tinker with repeated tax rates – to fix the UK’s finances.

1 Articles

1 Articles

Britain must cut welfare spending, warns JP Morgan

Investment bank says Rachel Reeves should not tinker with repeated tax rates ahead of Budget

21 hours ago·London, United Kingdom

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Stories disproportionately reported by the Left or the Right

Coverage Details

Total News Sources1

Leaning Left0Leaning Right1Center0Last Updated21 hours agoBias Distribution

100% Right

Bias Distribution

100% of the sources lean Right

100% Right

Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

The Telegraph broke the news in London, United Kingdom 21 hours ago on Friday, October 24, 2025.

Sources are mostly out of (0)

Similar News Topics

Stories disproportionately reported by the Left or the Right

Similar News Topics