Five noteworthy aspects of Britain's tough spending plan

Social welfare

The significant cuts to social welfare, which allowed the government to shield other budget areas, could be a precursor to a drastic restructuring of British society. The retirement age will be raised from 65 to 66 several years earlier than originally planned. Additional changes include: cuts to child benefits, the amount of time people can remain on employment allowances, changes to the threshold for housing benefits, and a benefits cap for each family. The National Health Service is one of the few social welfare areas that's growing, with an increase in funding, a new cancer drug fund, and additional money for social care.

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