Daniel Leal-Olivas/AFP/Getty Images At her party conference in Birmingham last month Prime Minister Theresa May boldly claimed ‘austerity’ is over. ‘Better days are coming,’ she said to a country reeling from cuts to public spending. In a tumultuous time where the head spin of Brexit negotiations brings new and frantic warnings of gloom and economic doom day in and day out it’s a sigh of relief for most to hear that austerity is over. Cash-strapped families who’ve seen their incomes fall over the years will be happier hearing they might not see a further reduction in their working tax credits. The cuts to welfare have been deep ones for many families in the UK as shown by the Child Poverty Action Group and the Institute for Public Policy Research’s report that a couple with two young children, one working full-time and the other part-time on the national living wage, will lose more than £1,200 a year due to universal credit cuts. The Institute for Fiscal Studies showed t
Comments
Post a Comment