Written by : Alan Jones
Many low income families will be worse off despite tax changes and a higher living wage because of cuts to Universal Credit, a new report warns.
Research for the Joseph Rowntree Foundation found that by 2022, families with one working parent will lose more from cuts to the benefits system than they gain from increases to the living wage.
Chief executive Campbell Robb said: “People across the UK are struggling to afford a decent living standard, even if they have a job.
“Families with only one parent in work are facing particularly hard times, with changes to Universal Credit and other benefits meaning that they are in a worse position even after increases to the national living wage.
“Next week’s budget is an opportunity to help struggling families.