Category Archives: poverty

Poor hit hardest by UK govt. policies

Carers feel forgotten by society 
The poorest households have been most affected by the soaring cost of living in Britain as they spend a higher proportion of their incomes to meet the problem of food and energy bills, warns a new research.

According to a study by Trades Union Congress (TUC), Consumer Price Index (CPI) inflation for the poorest 10 percent of households in February was 4.1 percent, compared with 3.6 percent for middle-income families and 3.3 per cent for the richest 10 percent.

“People have been getting poorer every month for the last two years as high inflation, tax rises and the dire state of the economy take their toll on family budgets,” said TUC general secretary Brendan Barber.

Over 200,000 families lose entire working tax credit support new HMRC figures show

The Government slammed by Child Poverty Action Group

 

Published by Max Salsbury for 24dash.com in Central Government and also in Communities

 Over 200,000 families lose entire working tax credit support new HMRC figures show

The Government was today slammed by Child Poverty Action Group as new figures published by HMRC show that over 200,000 families have lost their entire working tax credit support, worth £3,870, from 6 April 2012.

The Chief Executive of Child Poverty Action Group Alison Garnham said: “This is an absolute calamity that plunges nearly half a million children deep below the poverty line. Many of these parents will now have less money in work than if they just claimed benefits. It runs directly against the consensus on the importance of making work pay and the government’s duties on child poverty.

“The Chancellor should have announced at the Budget he would keep these working families afloat and in work, but they were cut loose whilst taxes for corporations and the super-rich were cut instead.”