Fabian Society study outlines threat if chancellor goes ahead with planned cut to welfare payments

Rishi Sunak risks plunging more than 3 million people into poverty if he goes ahead with a planned cut in welfare payments next spring, one of Britain’s leading leftwing thinktanks has warned.

A new study by the Fabian Society found that returning benefits to their pre-pandemic levels after a year-long boost would leave an additional 1.1 million people below the poverty line even on the most optimistic assumptions for the economy.

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