Labour is braced for a backlash from its MPs over welfare cuts called ‘appalling’ by a food bank charityRachel Reeves was accused of balancing the books at the expense of the poor in her spring statement, as official figures showed three million households could lose £1,720 a year in benefits.The chancellor confirmed welfare cuts of £4.8bn, but insisted the government’s priority was to restore stability to the public finances in the face of rising global borrowing costs. Continue reading...