Skip to content
1 min left · finish 2:09 PM
Email
London
Meridan ReportLondon: European finance and fintech intelligence
Good morning, Columbus
HomeBusinessTechnologyGovernmentMore categoriesCommunitySchoolsSportsReal EstateDiningArtsHealthSearchSaved

Advertisement · Why this ad?

  1. Home
  2. /Business
  3. /Labour will reduce ballooning benefits bill, claims John Healey
Business

Labour will reduce ballooning benefits bill, claims John Healey

Katherine Langford
Katherine Langford
Katherine Langford
Editor-in-Chief · Edina, MN

Katherine oversees editorial operations across all six brands. Before joining The Meridan Group, she spent 14 years at the Minneapolis Star Tribune, where she led the metro desk through its digital transformation. She holds a Master's in Journalism from Northwestern's Medill School.

More from Katherine →
Editor-in-Chief · Sunday, November 1, 2026 at 10:31 AM · 1 min read
Text size
Typeface
Line spacing
Theme
Focus mode
Email
Labour will reduce ballooning benefits bill, claims John Healey — London Business news

John Healey has vowed that Labour will reduce the benefits bill, after admitting the current system is not working . The Chancellor created widespread confusion earlier this week, after failing to clarify whether the ballooning cost of welfare will be cut before the next election by declining to put a timeframe to it. But Healey claimed on Sunday that the bill will shrink under this government, after being pressed once more on if he will lower the costs or stem the rate of increase. Speaking on BBC s Laura Kuenssberg, he said: We ll start the changes next year, and we ll bring that bill down, and we ve already demonstrated how we ll do that for the long-term. This is a system which is not working. We have to make big changes. We will. Healey added that the rate of increase in the benefits bill has slowed since Labour took office, while numbers were booming under the Tories . Making hard decisions Healey said the government is also prepared to make hard decisi

Up nextBond investors sit out ‘most consequential’ US midterm elections in yearsBusiness · 5 min read
#parks-outdoors#local-election

More Business stories

Investors watching midterm elections closely in NYC
Business

Bond investors sit out ‘most consequential’ US midterm elections in years

By Marcus Chen

A church gathering in NYC discussing financial stewardship.
Business

Our church has a $1.5 million bequest earning 3.75% in a savings account. Are we throwing money away?

By Katherine Langford

New York City skyline at dusk during election night
Business

These 10 megadonors have spent a total of $1 billion on the midterm elections

By Marcus Chen

Brazilian agricultural landscape with crops ready for harvest
Business

Lula’s surprise election victory sends agri-commodities tumbling

By Katherine Langford

Also covering Global

DenverDallasVancouverMunichMadrid

Meridan Report — London

Part of the Meridan Report Network

London: European finance and fintech intelligence. Finance, AI, and technology intelligence across 40 global cities.

Sections

BusinessTechnologyGovernmentCommunitySchoolsSports

Latest Stories

There’s a Free Video Editor Inside Google Drive That Anyone Can UseThe Hollywood Color Nerd Who Shot ‘Knives Out’ Explains His Viral iPhone Camera AppGen Z protests turn violent in GermanyLenovo LOQ 15: The Only Gaming Laptop Worth Buying Below $1,5008 Best Space Heaters (2026): Tested, Measured, and Mistreated

About

Meridan Report delivers institutional-grade intelligence on finance, AI, and technology from 40 global markets.

RSS FeedNetwork Directory

© 2026 Meridan Report — meridanreport.com

PrivacyTerms

A product of Edina Automation LLC

You're offline — showing the last loaded page
HomeSearchSaved