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Rachel Reeves accused of balancing books on back of UK’s poorest

Labour is braced for a backlash from its MPs over welfare cuts called ‘appalling’ by a food bank charity

Rachel Reeves was accused of balancing the books at the expense of the poor in her spring statement, as official figures showed three million households could lose £1,720 a year in benefits.

The chancellor confirmed welfare cuts of £4.8bn, but insisted the government’s priority was to restore stability to the public finances in the face of rising global borrowing costs.

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