Category Archives: poverty
Poor hit hardest by UK govt. policies
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.”