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