Gordon Brown show reports Gap Gordon Brown

Struggling families face being £1,600 worse off a year despite government support, report says

Reading now: 740
manchestereveningnews.co.uk

Government support for low-income households amid the cost-of-living crisis falls short of offsetting the losses they face, with some families up to £1,600 worse off a year, a report has found.

The additional £1,200 offered to the poorest in society this year will fail to compensate for three major blows to their income from October 2021 to October 2022, the analysis suggests.

The loss of the £20-a-week benefits uplift, an annual uprating out of line with inflation forecasts, and a jump in the energy cap will mean the worst-off families cannot bridge the gap, it says.

The report, commissioned by former prime minister Gordon Brown, found that the largest families would face the biggest losses.

Read more on manchestereveningnews.co.uk
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA