Good morning. It is quite easy for politicians to declare that they will cut the welfare bill by X amount – but much harder when they have to explain exactly who will lose out. This is summed up by a good anecdote about a former chancellor (Ken Clarke, according to some versions, but it could have been any of them), who gave this reply when asked for cuts that would save £1bn: So, do you want one million people to lose £1,000 each, or 10 million people to lose £100 each? Today Kemi Badenoch is giving a speech to launch a policy document, Welfare That Works, explaining how the Tories would cut welfare by £36bn. That’s 36 million people losing £1,000 each, according to the logic of our notional chancellor, although of course it is not quite as simple as that. All of these cuts are ones that the Conservative party has proposed already, but what we are getting today is a bit more detail about how some of them would be implemented in practice, and a big overall argument defending them. Here