Budget creating 'huge hardship'

Written by Super User 27 Aug 2010

Church Action on Poverty has voiced concern over the impact of George Osborne’s Budget one day after a respected think tank warned that financial cutbacks were hitting the poor hardest. The Institute for Fiscal Studies said the Budget had been ‘clearly regressive’ and was hitting low earners more than those in the upper income brackets. Niall Cooper, CAP’s Coordinator, said ‘the IFS’s report had confirmed the group’s worst fears that the Budget was hitting those already struggling to get by and least in the position to cope with cuts to income, welfare and services. They are people who are already just keeping their heads above water and struggling to keep up with their debt repayments and living costs. Even a five per cent loss of income may not sound like very much but it is enough to tip some people over the edge. The cuts are creating huge hardship.’ he said.

Pray: that the government will seriously consider the needs of the most vulnerable in our society.

More:http://www.christiantoday.co.uk/article/budget.creating.huge.hardship.church.group.warns/26584.htm

 

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