Tens of thousands of Britons are set to lose almost two-thirds of their income as a result of welfare cuts announced by Sir Keir Starmer’s government, according to Financial Times calculations.
Tougher eligibility for personal independence payments (Pips) and incapacity benefits will mean some people now in line to receive £15,000 a year, excluding housing support, will instead receive just £5,400 — a drop of 64 per cent.
The figures highlight the dramatic impact that the government’s cuts will have on people who are out of work and rely on benefits to cover the costs of basic essentials.