What Does the UK Spend on Welfare – and How Much Will It Rise?

What does the UK spend on welfare – and how much will it rise?

Spending on pensioners accounts for nearly half of the total welfare budget.

Britain's benefits bill to soar by £60BILLION under Keir Starmer – where is the money going?

Britain's benefits bill is expected to rise significantly over the coming years, fuelled by an ageing population and a sharp increase in the number of people claiming health and disability benefits.According to the Office for Budget Responsibility (OBR), the Government is forecast to have spent £313 billion on welfare in 2024/25 - 10.9 per cent of the country’s gross domestic product (GDP). By 2029/30, welfare spending is projected to reach £373…

UK State Pension Set to Rise 4.1% in April 2025

The UK government has confirmed that state pensions will increase by 4.1% starting April 2025, following the triple lock commitment that guarantees pension growth.This upcoming increase will affect millions of pensioners across the United Kingdom, providing them with a modest boost to their regular income. The rise comes as part of the government’s ongoing commitment to maintain the triple lock mechanism, which has been a cornerstone of pension …