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UK Chancellor announces £2.2 billion boost to defense budget, cuts to welfare benefits.
UK Chancellor Rachel Reeves announced a £2.2 billion increase in defence spending during her Spring Statement, highlighting security as a top priority.
The statement also included cuts to Universal Credit, with the health element reduced by 50% and frozen for new claimants.
Despite efforts to boost the economy, the Office for Budget Responsibility predicts a 1% growth rate for 2025, down from previous forecasts.
Reeves emphasized the need to adapt to global uncertainty and secure financial stability.
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El Canciller del Reino Unido anuncia un aumento de £2,2 mil millones en el presupuesto de defensa, recortes a las prestaciones sociales.