Low-income working families on Universal Credit set to lose £1,300

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Work & Security

Working households on Universal Credit are set to lose an average of £1,000 in 2020, rising to £1,300 for those with children, despite the welcome reversal of the main cuts to tax credits announced in the Spending Review ­– according to new analysis published today (Thursday) by the independent think-tank the Resolution Foundation. The Foundation notes that these losses will … Continued

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Summer Budget changes will push up to 200,000 working households into poverty

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Welfare & Tax Reform

Sharp increase in working poverty despite welcome pay boost from the ‘National Living Wage’ The number of poor working households will rise by up to an additional 200,000 over the course of the parliament as a result of policies announced in the Summer Budget, according to a report published today (Thursday) by the independent think-tank … Continued

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Universal Credit red tape cull needed to help parents and the self-employed

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Welfare & Tax Reform

Making Universal Credit (UC) easier to use could boost employment and prevent the risk of penalising families whose earnings and outgoings don’t fit into a neat monthly pattern, according to a new report published today (Monday) by the Resolution Foundation. The think-tank’s nine-month review of Universal Credit considers how the once-in-a-generation welfare reform is equipped … Continued

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Working families could become ‘second class savers’ under Universal Credit

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Welfare & Tax Reform

Working families moving onto Universal Credit could become ‘second class savers’, with any money put aside potentially counting against their benefit entitlement, according to a new report to be published on Monday (8 June) by the independent think-tank the Resolution Foundation. Making it work – the final report of a nine-month review of Universal Credit … Continued

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Reboot of Universal Credit needed to meet welfare challenges of next decade

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Welfare & Tax Reform

  Far-reaching reforms of Universal Credit (UC) would help hundreds of thousands more people into work and bring significant cash benefits to working families with children, according to a new report published today (Monday) by the independent think-tank the Resolution Foundation. Making it work – the final report of a nine-month review of Universal Credit … Continued

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Universal Credit set to support more people into work – but could result in more subsidised short hours working

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Welfare & Tax Reform

Universal Credit (UC) will increase financial incentives for benefit recipients to enter work but could also make it more attractive for some to work short hours, according to a new report published today by the independent think-tank the Resolution Foundation. Credit where it’s due? – the interim report of the Resolution Foundation’s major inquiry into … Continued

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