Reform party vows £100bn cuts in first 100 days, attacks Labour chancellor

During Reform's conference in Birmingham, the party's treasury spokesman Robert Jenrick presented a sweeping fiscal plan to reduce public expenditure by more than £100 billion in the first 100 days of a potential government. The blueprint calls for a £50 billion cut to welfare spending, an additional £20-30 billion reduction across other departments, and a £28 billion saving on debt-interest payments. Jenrick used the announcement to criticize former chancellor Rachel Reeves for postponing her inaugural budget and to mock Prime Minister Andy Burnham’s promise of fiscal independence, citing recent spikes in long-term gilt yields.

He argued that the current system unfairly benefits some while burdening hard-working families. The Conservative Party, led by Kemi Badenoch, also launched its own welfare-reduction agenda, positioning both parties against Labour's spending approach.