The chancellor says the impartial Office for Budget Responsibility (OBR) has discovered that the federal government’s general cuts and adjustments to welfare will reduce the price range by £4.8bn general.
In addition to £400m to ship the reforms, which means "total savings" from the cuts to welfare might be £3.4bn.
Latest updates: https://news.sky.com/story/politics-latest-live-reeves-spring-statement-welfare-defence-cuts-starmer-economy-12593360
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