Treasury warns of economic fallout as demands grow to ditch two-child benefit cap
Sunday, 21 July 2024 Unfunded spending commitments crash the economy, a Treasury minister has warned, as he defended keeping the two-child benefit cap in what is shaping up to be the first big test of the Labour government.
Exchequer Secretary to the Treasury James Murray has welcomed news that UK inflation fell for the second month running. He called it an “encouraging sign” that the government’s economic plan is working but admitted “many families are still struggling.” Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sunday, 21 July 2024
Unfunded spending commitments crash the economy, a Treasury minister has warned, as he defended keeping the two-child benefit cap in what is shaping up to be the first big test of the Labour government.
![Treasury welcomes falling inflation but says 'more to do' [Video]](https://video.newsserve.net/300/v/20250416/1408234972-Treasury-welcomes-falling-inflation-but-says-more-to.jpg)
