British Chancellor of the Exchequer Rishi Sunak will increase welfare spending in the budget to be announced next week.

According to a report from The Telegraph, the UK Chancellor of the Exchequer, Rishi Sunak, is set to increase welfare spending in the annual budget to be announced next week. The report states that Sunak plans to raise welfare spending by 6 billion and increase benefits for working age populations by 3.8% starting from April next year. A spokesperson from the UK Treasury stated that they do not comment on "budget speculation".