Tories pledge to cut £47bn from public spending round

A future Conservative government would save £47bn of taxpayers' money by implementing significant cuts across welfare, foreign aid, and social housing, the shadow chancellor is expected to announce today.

- CHRISTOPHER MCKEON

Sir Mel Stride will unveil the proposals at the Conservative party conference, asserting that the country cannot "keep spending money we simply do not have".

A substantial £23bn of these savings is projected to originate from welfare reforms. These include plans to replace payments for individuals with "low level" mental health conditions with treatment programmes, alongside measures to bar non-citizens from claiming state support.

Additionally, Sir Mel is set to commit his party to reversing any potential changes to the two-child benefit cap, a policy widely anticipated to face abolition in next month's Budget.