Family budgets hit by ‘Bad Friday’ bombshell

April 4, 2012

Commenting on the multi-billion pound cuts set to hit ordinary families on Good Friday, the Chief Executive of Child Poverty Action Group, Alison Garnham, said:

“This year’s holiday will feel more like ‘Bad Friday’ for millions of families as they come to terms with over £2 billion of cuts.

“Some of the poorest working families will lose thousands of pounds from their annual income, leaving them in a desperate struggle to pay for basics like groceries, clothes and household bills.

“It is astonishing that the people making the smallest contribution to deficit reduction are in the richest half of the population. Ordinary families and children are now carrying the greatest burden of deficit reduction. The Chancellor’s own analysis shows he is failing the fairness test and that many of the wealthiest are let off lightly.

“Ministers should think again about the fairness of their deficit reduction plans and act quickly to prevent the most shocking rises in child poverty for a generation.”

ENDS

Notes to editors:

  • A full 'Bad Friday' briefing on the cuts, which families will be affected and the consequences for child poverty can be downloaded from the pdf icon at the top right of this page.
  • CPAG is the leading charity campaigning for the abolition of child poverty in the UK and for a better deal for low-income families and children.
  • CPAG is the host organisation for the Campaign to End Child Poverty, which has over 150 member organisations and is campaigning for public and political commitment to ensure the goal of ending child poverty by 2020 is met.