PM questioned on welfare changes and National Insurance rise
During today's Prime Minister's Questions, Sir Keir Starmer questioned Kemi Badenoch about rising sickness and disability benefits. The Prime Minister described these costs as "devastating" for public finances. The exchange was not particularly revealing but included a notable moment regarding the upcoming Spring Statement. In October, Rachel Reeves announced plans to adjust income tax thresholds in line with inflation. This change was aimed at ending a long-standing "stealth tax." Badenoch asked the Prime Minister to reaffirm this pledge. However, he chose not to, which may suggest how the government plans to address a £10 billion gap in its borrowing rules.