Up to 6m poor families could be £1,000 worse off under Sunak’s plan

Leading thinktank predicts ‘major squeeze’ on living standards in the UK’s poorest regions this winter

Rishi Sunak’s failure to announce an extension to more generous help to those on low incomes threatens to leave six million poor households £1,000 a year worse off from next April, a leading thinktank has said.

The Resolution Foundation – which specialises in policies to help those on average incomes and below – said it was a “significant mistake” for the chancellor to end the £20 a week boost to tax credits and universal credit.

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