Article VTHY Spending review will still leave poor families worse off, say experts

Spending review will still leave poor families worse off, say experts

by
Katie Allen, Rowena Mason and Heather Stewart
from on (#VTHY)

IFS says there is 50-50 chance Osborne will have to revisit spending plans, while Resolution Foundation says some families could lose 3,000 a year by 2020

The government has been forced to deny claims that George Osborne's spending review is a continued assault on Britain's poorest families, after two respected thinktanks warned future benefit cuts would leave some families more than a thousand pounds worse off.

Both the Institute for Fiscal Studies and the Resolution Foundation said they believe millions of working families would be worse off by 2020 because of welfare changes than they would have been under the current system, despite Osborne having reversed his planned cuts to tax credits.

Related: Spending Review leaves 2.6m working families worse off, says IFS - live updates

Related: George Osborne in conflict with Iain Duncan Smith over universal credit

Continue reading...

rc.img

rc.img

rc.img

a2.img
ach.imga2t.imga2t2.imgmf.gif
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title
Feed Link http://feeds.theguardian.com/
Reply 0 comments