Households subject to the benefit cap will from April be battling the cost of living crisis £65 worse off than they would be if they were not capped, unless the cap is uprated, new analysis from Child Poverty Action Group (CPAG) finds.
Families have had months of dread watching prices soar while government has delayed and delayed any response, pushing many ever closer to the brink. The new prime minister has the opportunity to demonstrate that she stands with hard-pressed families and will act in the interests of the nation’s children, who have been invisible for far too long. Long term investment in a social security system that protects kids from poverty is an essential starting point.
Low-income families will have an estimated £1,000 shortfall for energy costs alone in the year to April 2023, if as expected Ofgem’s price cap rises to £3,554 in October, new analysis from Child Poverty Action Group (CPAG) shows. An announcement on the new cap is due tomorrow.
New research shows affected families can’t afford what they need for their kids. 59% (210,000) families caught by the limit are working. Today’s first instalment of cost-of-living emergency payment won’t do enough.
Around 35,000 more families could have their benefits capped next April, leaving them with a growing gulf between their income and rising costs, new Child Poverty Action Group (CPAG) analysis shows.
With 38 bills but no direct help with spiralling costs, this speech was a far cry from what struggling families needed to hear today. Government offered no short term comfort for parents struggling to feed their kids in the face of rocketing prices, and no long term vision for ending child poverty.