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Foundation Estimating News Today : Breaking News, Live Updates & Top Stories | Vimarsana

BBCNEWS The Papers September 22, 2021 21:33:00

winter. particularly for parents. there are few things coming together to create this was the first of all there is rising fuel prices, families face really significant increase in theirfuel families face really significant increase in their fuel costs over the next year. second, there is the governments tax credit cut so families are facing a decade of tax credit cards. there was an uplift of £20 given in the context of those cuts to help families survive through the pandemic. the government is now proposing to take that away. that is going to hit low income, low paid parents to a june of £2000 a year. lastly food prices are forecast to go up as well and we ve got the foundation estimating that a typical low income family is going to be losing £1750 a year. that s almost £2000 a year worse off by next april. these are huge amounts and it s going to be a massive struggle for parents who are already

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