‘Just about managing’ families to be £2,500 a year worse off by 2020 – study
‘The combined impact of welfare cuts will leave struggling working families – the “just about managing” households Theresa May has vowed to help – worse off by more than £2,500 a year by 2020, according to research published days before her government’s first autumn statement.
A study of 187,000 households across the UK found that policies including cuts to universal credit and the four-year benefit rate freeze, coupled with rising rents and higher inflation, would see low-income working families typically lose £48.90 a week by the end of the decade.
The findings have alarmed councils and charities worried that the growing financial burden on low-income families will raise poverty and homelessness levels.’
Read more: ‘Just about managing’ families to be £2,500 a year worse off by 2020 – study
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