Press release Full-time workers unable to reach ‘no-frills’ living standard after April’s real-terms benefit cut Cost of a child reaches almost £160,000 for couples, £200,000 for lone parents. 2021-2022 saw the biggest annual deterioration in living standards since 2012. The government must increase benefits with inflation at the Autumn Statement. Published on Wed 9 Nov 2022 Relevant to all of the UK