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Benefit cuts 'will leave poor families at greatest risk' if another recession

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Benefit cuts 'will leave poor families at greatest risk' if another recession Empty Benefit cuts 'will leave poor families at greatest risk' if another recession

Post by Admin Thu Nov 09, 2017 6:51 am

Planned benefit cuts mean poor families with children will probably be the hardest hit if the UK is crippled by another recession, according to new research.

If there was a similar crash to the one that began in 2008, the poorest 30% of households would get less protection from the welfare system after the cuts, the Institute for Fiscal Studies said.

Before the cuts they would lose 39p ​- once the welfare buffer kicks in - for every pound wiped off their salary, but after the cuts they would lose 53p in every pound.

https://www.politicshome.com/news/uk/economy/financial-sector/news/90415/benefit-cuts-will-leave-poor-families-greatest-risk
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Benefit cuts 'will leave poor families at greatest risk' if another recession Empty Re: Benefit cuts 'will leave poor families at greatest risk' if another recession

Post by Brutus Sun Nov 12, 2017 11:34 pm


 Whenever any economic recession has not hit the poorest hardest?... Benefit cuts 'will leave poor families at greatest risk' if another recession 1259455036
 
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