10 million UK families worse off, says study

Business | 14 Mar 2019 7:15 pm

Ten million families in the UK will have lost an average of £420 a year as a result of the freeze on benefits for working age families, a study by the Institute for Fiscal Studies, says.

Ignoring those only affected by the child benefit freeze, 7 million poorer families will have lost an average of £560 apiece, the IFS says.

There was no reprieve announced for the millions of working age families dependent on benefits, the IFS says referring to the spring statement yesterday by the Chancellor Philip Hammond.

"The fourth year of the benefit freeze is going ahead.'' The IF says also that the benefit system is facing mounting challenges from increasing in work poverty, increasing numbers with disabilities, and a growing impact from high levels of private renting.

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