Rishi Sunak failure to help poorest families
The Guardian says Rishi Sunak has sought to defend his mini-budget against accusations he failed to shield Britain’s poorest families from the worst hit to living standards in six decades, as economists warned 1.3 million people will fall into absolute poverty next year.
Amid heavy criticism of Wednesday’s spring statement from opposition leaders and his own back benches, experts from the Institute for Fiscal Studies (IFS) and Resolution Foundation thinktanks said the chancellor could have done more to help those most at need.
With those on the lowest incomes bearing the brunt of Britain’s cost of living crisis, the Resolution Foundation said absolute poverty was now on course to hit almost a fifth of the population. It said half a million more children were expected to fall below the breadline this financial year, bringing the total number of people in absolute poverty to 12.5 million across the UK, up from 11.2 million.
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