Our social security system, like our NHS, should be there for us all, especially those who need it most. It needs updating, so it works in today’s world. By the time it is fully rolled out, half of all children in the UK will live in a household claiming universal credit (UC). With some financial investment and operational changes, UC can be the safety net that families need.
Poverty is devastating. It puts children’s education, health and life chances on the line. More than four million children are living in poverty in the UK. That’s nine kids in an average classroom of 30. This isn’t right, and it doesn’t have to be like this.
‘It’s good to hear that ending child poverty is central for Labour, but the best way to achieve that is by ending the two-child limit on benefits which is driving so many children into hardship. A child poverty reduction plan is essential, but scrapping the two-child limit would have to be step one.'
Parents need support to provide for their children with security and without constant worry. Imagine the UK without any child poverty – a country with all children well fed and housed, feeling secure, and growing up healthy and confident.
A change is coming to child benefit. This Saturday, more families will become eligible as the earnings threshold at which you start losing child benefit increases. The government has finally recognised that ‘the way we treat child benefit in the tax system is confusing and unfair’ and proposed two changes to try to simplify it. It’s ironic that this confusion and unfairness was introduced by the government in the first place.
Today’s official poverty statistics show child poverty has reached a record high with an estimated 100,000 more children pulled into poverty last year.
On Thursday 21 March, the annual Households Below Average Income (HBAI) report will be released by the Department for Work and Pensions. Estimates are provided for average incomes, income inequality, and for the number and percentage of people living in poverty. The statistics are the UK’s official source of poverty estimates and, with a larger sample size than other surveys, are the main source of data on household and individual incomes.
For almost fifteen years, the four million kids from poor families have been at the bottom of the pile and today is no different. This was a Budget all but blind to buckling family budgets and broken public services and will leave a legacy of crumbling classrooms, cold homes, and empty tummies.
Our pre-Budget briefing details how best to invest financial support in children to reduce child poverty and give every child the chance to fulfil their potential.