Eroding Child Benefit

Changes made by the 2010 – 15 government eroded the value of Child Benefit and changes already announced by the new government will erode it further over the next five years. This report shows that, as a result, by the time of the next election a family with two children is already likely to be more than £9 a week - £470 a year – worse off, regardless of further cuts that may not yet have been announced.