Chancellor_says_welfare_system__letting_people_down__ahead_of_expected_cuts

Rachel Reeves has said the welfare system is "letting down taxpayers", while she again committed to reaching 2.5% in defence spending by 2027 due to the "enormity of the situation" facing European security.

The chancellor told Sky's political editor Beth Rigby on the Electoral Dysfunction podcast, out on Friday, that there needs to be "better value for money" for what people pay in taxes