Benefits cuts to fuel ‘recession level’ hit to Britain’s poor, warns think-tank

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In Britain, poorer families will rest in the next five years as a result of the recreational level, which are nurturing health privileges.

Thinking-cherry said Thursday that Rachel Ripper Reduced Spring statement: On Wednesday, 8.3 billion pounds from some of the most vulnerable people in the country, although it was compensated by other well-being, which brought 4.8 billion pounds.

The Chancellor chose to “concentrate pain” for his fiscal consolidation of disabled and disabled benefits, while holding relatively modest reductions on public services, the resolution said.

James Smith, the research director of a thinker-tank, said that policy decisions would contribute to the “level of the fall” falling in the middle of household living standards in the middle of the income distribution.

Their one-time income will be 3%, or more than five years, more than five years later.

This marked “Really tough, a reasonable prospect for a living standard. It is like in the 2000s or the 1990s, “Smith said, calling a” really gloomy prospect. ”

The general prospect of live standards will also affect low salary growth, higher rents, board tax and other areas of water calculations and other well-being.

The Format Foundation noted that during the parliament’s real disposable income of households is 0.6%, it will make one of the weakestest parliaments.

The 2020s, as a whole, the first 4.5 years have a conservative government, the weakest decade will be for a living standard for 70 years, said the thinker-sale.

The deceus has so far included 19 apricotic epidemic, high inflation and energy increases.

“The 2020s are like a decade of disaster, even compared to the two of them, in terms of living standards,” Smith said. “It’s worse if zero in the bottom half.”

On Wednesday, Reeves announced that in 2029-30, he will save 4.8 billion pounds, treating health benefits to increase unemployment benefits.

He said this was reimbursed on the schemes spent another 1.4 billion pounds so that people return to work, which means 3.4 billion pounds.

But the resolution foundation said that the reductions that some of the poorest families in the United Kingdom were much bigger than the net figure submitted by the proposed fiscal guard.

Gross cuts for disability and incapacity benefits total 8.3 billion pounds. OBR opposed to raise 1.9 billion pounds to spend on major unemployed benefits.

It also earned 1.6 million pounds to cancel the labor force, which is canceled in incompetent incapacitated benefits and included in previous fiscal predictions, but is not implemented.

This was the right approach with “severe assessments”, but “as it represents the cancellation of never incurred incision, it will never feel a positive effect on households,” said the resolution.

On Wednesday, Revus said that the expected interest rate in the autumn budget will increase home income by which people should be “500 pounds a year.”

He also claims that the effects of the influence of the welfare of the government did not take into account the advantages of the government’s feedback.