Research Briefing
Welfare savings 2010-11 to 2020-21
The House of Commons Library Welfare Expenditure and Savings Tool combines multiple sources of expenditure and savings data into one easy to use, up-to-date analysis tool. Users can track changes in welfare expenditure over time, analyse savings as a proportion of expenditure and identify key policy measures by benefit announced since June 2010. Total spending on UK social security and tax credits will be £218.4 billion in 2016-17, 28.3% of total managed expenditure. Measures announced since 2010 will save around £26 billion in the same year, roughly 10% of what welfare spending might otherwise have been.