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Responding to the Summer Budget, which outlined plans for a new “living wage”, to cut tax credits for families with more than two children and to freeze working benefits for 4 years, 4Children’s Chief Executive Imelda Redmond CBE, said:
“News of a new “national living wage” is welcome - working families should be earning enough money to raise their children, but the rate will now need to compensate for the government's planned tax credit cuts.
"Tax credits currently support working families on low wages - freezing them for 4 years and cutting them for families with more than two children undermines the notion that for parents, work is a viable route out of poverty.
“A higher wage economy is the right goal, but we can’t cut off vital support before being assured that wage increases can offset such a loss.
“Cutting tax credits fails to recognise the simple fact that it costs money to bring up a child – and that children are an asset to, not a drain on, society.”
Notes to editors
For further information or to request an interview, please contact:
Ellie Gellard on 07969 437 066 or Ellie.Gellard@4children.org.uk