Poorer families would shoulder heavier burden of Brexit costs - report

Thinktank says under Tory fiscal charter some low-income households could lose 5,542 a year in tax credits and benefits

Low-income households are likely to shoulder a disproportionate share of the costs of Brexit if the UK votes to leave the EU in this month's referendum, a respected thinktank has warned.

Under a worst-case scenario, some low-income households could lose as much as 5,542 a year in tax credits and benefit payments in 2020, according to the National Institute of Economic and Social Research.