The Tories’ cruel benefit freeze continues – this year it will take £560 from poor families
Still-(just)-Chancellor Philip Hammond’s spring statement included a note of despair for poorer families – including those in work.
Anybody receiving benefits will have them frozen for a fourth year running, meaning families will have lost £560 each that would otherwise have been added to their earnings.
That’s according to the Institute for Fiscal Studies – but the real-terms loss could be much greater.
Brexit is robbing the UK of much of its economic muscle, meaning goods and services are going to be more costly in the future.
And the results of trade deals in the future – particularly if one is with the United States – may rob employees of important rights.
The benefit freeze is economic bullying – softening the most vulnerable of us up, ready to be exploited in the Tories cruel, post-Brexit Britain.
Millions of poorer families are poised to be stripped of £560 each because of the Tories’ cruel benefit freeze, economic experts revealed today.
Chancellor Philip Hammond snubbed calls for an end to the freeze, which has plunged hard-up households into despair, when he delivered his Spring Statement.
His stubborn refusal to loosen the purse strings will pile on the misery for struggling families, according to the Institute for Fiscal Studies.
Presenting the think tank’s analysis of the Chancellor’s announcements, director Paul Johnson said today: “There was no reprieve announced for the millions of working age families dependent on benefits – the fourth year of the benefit freeze is going ahead.
“Ten million families will have lost an average of £420 a year as a result of the freeze.
“Ignoring those only affected by the child benefit freeze, seven million poorer families will have lost an average of £560 apiece.”
Source: Cruel Tory benefit freeze set to strip poorer families of £560 each say experts – Mirror Online
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Thank you Mike. I have shared this on FB & Twitter.
People should be made aware that May – not the EU – is the enemy of the poverty stricken, unemployed people and those who are struggling to manage.
Let’s not be fooled here.
Part of the extra tax receipts will have come from the extra VAT collected from higher utility bills (about to increase by a further 10%) pushing low earners even further into the mire.
Tories are not your friends !!
My money won’t be cut anymore, how can they cut zero income, 7 months now without a penny.