**Our Savings Plan**

The image presents a six-line 'Our Savings Plan' totalling £47 billion. Targeted research confirms that this list is, word-for-word, the Conservative Party's £47bn savings package announced at the October 2025 Conservative Party Conference (Mel Stride / Kemi Badenoch), reproduced on the party's own website. The individual line-item FIGURES quoted (£23bn welfare, £8bn civil service, £3.5bn asylum hotels, £3.9bn social housing, £1.6bn green subsidies, £7bn overseas aid) accurately reflect what the Conservatives claimed, and they do arithmetically sum to £47bn. However, these are political SAVINGS CLAIMS, not independently verified or costed outcomes: the OBR/IFS have not certified them, several rest on contested or unspecified assumptions (e.g. which departments would be cut, behavioural effects of welfare change), and headline attributions in the wild frequently mislabel the plan as Reform UK's. The card is therefore accurate as a reproduction of a party's stated aspirations but should not be read as fact-checked fiscal projections. Confidence in the underlying deliverability of the numbers is low; confidence in the provenance (Conservative Party) is high.

What checked out (6)

• The six-point list and the '£47 billion' total accurately reproduce the Conservative Party's stated savings plan as published on conservatives.com ('Delivering £47bn of savings' and 'Our Plan to get Britain back on Track').
• The plan was announced around the October 2025 Conservative Party Conference in Manchester, associated with leader Kemi Badenoch and shadow chancellor Mel Stride, under a 'Golden Economic Rule'.
• The six line-item figures (23 + 8 + 3.5 + 3.9 + 1.6 + 7) do arithmetically total £47 billion.
• The civil service claim references reducing headcount by ~132,000 'back to 2016 levels'; the civil service stood at about 416,000 in June 2016 and about 554,000 by September 2025, so the ~132,000 reduction figure is directionally consistent with returning to the 2016 baseline.
• The 'Ed Miliband' green-subsidies reference corresponds to the Conservative pledge to scrap most of Labour's GB Energy scheme, claimed to save £1.6bn.
• UK asylum accommodation is a multi-billion-pound cost; the NAO reported around £4.7bn on asylum support in 2023/24 including roughly £3.1bn on hotels, and about £2.1bn on hotels in 2024/25, making a multi-billion 'end asylum hotels' saving claim plausible in scale (though the specific £3.5bn net figure is unverified).

• That £23 billion can actually be saved from welfare 'getting people back to work' - this is a party projection not certified by the OBR; commentators note it depends on contested measures (e.g. restricting benefits for non-citizens, 'less severe' mental health conditions) and uncertain behavioural effects.
• That £8 billion would actually be delivered by cutting the civil service by 132,000 - the party has not specified which departments would be cut, and Reform UK's separate civil service plan was independently costed far lower (~£5.2bn), illustrating how contested such figures are.
• That ending asylum hotels would net exactly £3.5 billion - the specific net saving figure is not independently corroborated.
• That restricting social housing to British nationals would save exactly £3.9 billion - press estimates of the cost of foreign-born social tenants vary (e.g. ~£3.5-£3.6bn for London alone), and no official costing confirms the £3.9bn national figure.
• That scrapping green subsidies / GB Energy saves exactly £1.6 billion - contested and dependent on scheme definitions.
• That £7 billion can be cut from overseas aid on top of existing cuts - directionally plausible given the aid budget (~£13.3bn in 2024/25, already falling toward 0.3% of GNI), but the specific realisable saving is a political estimate, not an OBR-certified figure.

Confidence

Medium — High confidence that the text is a faithful reproduction of the Conservative Party's £47bn plan and that its figures sum to £47bn (multiple primary and reputable secondary sources agree). Lower confidence in the deliverability/accuracy of each individual saving, which are un-certified political projections with contested assumptions; hence individual line items are marked Unverified rather than True or False. Some sources carry 2026 datestamps reflecting an ongoing political debate, adding mild uncertainty.

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Reform UK spending cuts plan savings 2025

• https://commonslibrary.parliament.uk/research-briefings/cbp-10400/
• https://www.bloomberg.com/news/articles/2025-12-15/reform-uk-unveils-plan-to-cut-civil-service-saving-5-2-billion

Reform UK savings £47 billion package welfare civil service aid green

• https://www.conservatives.com/our-policy-prospectus
• https://www.conservatives.com/delivering-47bn-of-savings
• https://hansard.parliament.uk/lords/2025-03-18/debates/BDF89F99-D005-4B61-BCE4-B171A5C922B9/WelfareReform

Reform UK Civil Service cut 132000 jobs 2016 levels

• https://taxpayersalliance.com/briefing-growth-of-the-civil-service-2025/
• https://ukcivilservant.substack.com/p/reform-uks-plans-for-the-civil-service

UK civil service headcount current 2025 number 500000

• https://uk.finance.yahoo.com/news/civil-workforce-jumps-3-000-123356025.html
• https://www.hrkatha.com/news/uk-civil-service-headcount-hits-near-two-decade-high/

asylum hotels cost 2024 2025 total annual cost billion National Audit Office

• https://committees.parliament.uk/committee/83/home-affairs-committee/news/206734/national-audit-office-repo...
• https://migration.bristol.ac.uk/2026/02/09/why-does-the-uk-government-spend-so-much-money-on-asylum-hotels/

cost of foreign nationals in social housing UK £3.9 billion estimate

• https://www.yahoo.com/news/revealed-spiralling-cost-housing-foreign-210723609.html
• https://www.gbnews.com/news/social-housing-london-occupied-foreigners

UK overseas aid budget total 2024 2025 £billion 0.5% GNI

• https://commonslibrary.parliament.uk/research-briefings/cbp-9224/
• https://commonslibrary.parliament.uk/research-briefings/cbp-10243/

Conservative scrap GB Energy green subsidies £1.6 billion savings Badenoch

• https://www.conservatives.com/delivering-47bn-of-savings
• https://www.smithschool.ox.ac.uk/news/conservatives-plan-scrap-net-zero-target-puts-uk-climate-leadership-risk

fact check Conservative £47 billion savings plan credible IFS civil service £8bn

• https://www.tax.org.uk/conservative-party-conference-2025-report
• https://www.huffingtonpost.co.uk/entry/tories-rinsed-over-new-plans-to-save-ps47bn_uk_68e2b61ae4b0b59bd0eeab3a

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