Senior cabinet minister warns of “financial consequences” after welfare climbdown

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Senior cabinet minister warns of “financial consequences” after welfare climbdown

A senior cabinet minister has warned there will be "financial consequences" after Sir Keir Starmer was forced to make last minute concessions over welfare reform.

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50 MPs still voted against the Government’s bill – despite the climbdown. The reforms were originally designed to save almost £5 billion by the end of the decade. But economists predict the changes mean there will be "no net savings".

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Date: July 2, 2025