Today, as government borrowing costs remain punishingly high, panicked Chancellor Rachel Reeves will try to reassure the markets that the government is growing the economy and cutting the benefits bill.
We'll update this page with any information about benefits changes as soon as we get it.
Reeves is speaking now, she says:
"We will deliver fundamental reform of our welfare system. That includes looking at areas that have been ducked for too long, like the rising cost of health and disability benefits. And the secretary of state for work and pensions will set out our plans to address this ahead of the Spring statement."
Will there be more?
No, it seems there won't.
However, there are motions by both Rachel Reeves and Liz Kendall on the welfare cap this afternoon. Reeves told the Sun on Sunday that she will “expose how the Conservatives lost complete control of the benefits bill – with a project overspend of more than £8 billion”.
So, there may be more on benefits to come. We'll keep this page open for the rest of the day, just in case.
Alison McGovern minister for unemployment is standing in for Rachel Reeves and Liz Kendall.
She says she is never disappointed in her work coaches, the thing that lets them down is the system they work within.
It's on Parliament TV from 16.14 at this link:
https://www.parliamentlive.tv/Event/Index/e4026aea-0691-4880-8957-3db8c8d0825f
McGovern explains that the Conservatives have breached the welfare spending cap by £8 billion.
She appears to be claiming that the move from ESA to UC is the cause of much of the rise in benefits spending, because of the hard separation between the level of benefit for those capable of work and those with LCWRA.
She also says that you cannot have a functioning social security system if the health service is not functioning. For example being told you can only see someone for 10 minutes, having to do numerous admin checks that could be done with modern technology.
We are hearing a great deal about getting people into work, but nothing about changes to the WCA and PIP. Instead, McGovern refers once again to the Green Paper to be published in the Spring, even though Rachel Reeves has said "we’re setting out our detailed plans before Easter".
She confirms that Labour will keep the welfare cap, which is intended to limit the amount that is spent overall on social security.
It's notable that the house is almost empty. Jeremy Corbyn has asked questions of the minister.
She moves onto fraud.
And that seems to be it.
There's a link to the written statements by Liz Kendall here
