Commenting on extracts from Iain Duncan Smith’s speech on welfare reform, published ahead of his speech to the Centre for Social Justice later today (Thursday), TUC General Secretary Frances O’Grady said:
Three-quarters of the cuts to social security announced since the election are affecting people in work in some way, with a quarter of the cuts specifically targeting low-paid workers, according to a new report published today (Monday) by the TUC.
Low and middle income families will suffer annual benefit cuts of over £2,700 a year by 2013 despite the government's pledge that there are to be ‘no losers' in the setting up of the new universal credit system, the TUC is warning today (Friday).
Nearly two thirds of the £15.9 billion of welfare and benefit cuts announced in the emergency budget and spending review will hit working families, undermining government claims that they are ‘making work pay', the TUC reveals today (Monday).
Plans to increase child tax credit by £30 a year in 2011/12 will be dwarfed by childcare cuts of up to £30 a week – or £1,560 a year – according to plans announced in the Comprehensive Spending Review (CSR) today (Tuesday), says the TUC.
Commenting on the latest inflation figures published today (Tuesday) by the Office for National Statistics, which show RPI inflation falling to 4.6 per cent in September, CPI remaining unchanged at 3.1 per cent and the Rossi index staying at 4.8 per cent, TUC General Secretary Brendan Barber said: