Despite a later – much publicised – reversal on cuts to Tax Credits for working families, these changes still amount to a reduction in spending of nearly £11bn a year by 2020/21, and risk pushing those families who are ‘just about managing’ into poverty. The Government stated at the time that these measures would ensure fairness and encourage families to move into work. In reality, while employment rates have continued to rise, so has child poverty, which feels profoundly unfair. According to the most recent Government statistics, two thirds of children in poverty live in working families – so for many parents a move into work does not amount to a move out of poverty.
Article source: http://www.huffingtonpost.co.uk/matthew-reed/families-autumn-statement_b_13176464.html?utm_hp_ref=uk-politics&ir=UK+Politics