Published: 9th Sep 2020

The government has been urged to make the temporary £20 per week uplift to Universal Credit and Working Tax Credit permanent, as well as extending support. A new analysis by the Joseph Rowntree Foundation (JRF) warns that if this lifeline is removed as planned in April 2021, it will cause a significant shock to the incomes of those who are newly unemployed and families who were already struggling to get by. The JRF estimated around 16 million people are at risk of experiencing a cut of £1,040 per year in their support, and 700,000 are likely to be pulled into poverty in the Spring unless action is taken. Those newly accessing social security due to unemployment are likely to have higher fixed outgoing costs and therefore find a severe income shock particularly difficult to weather and will be at risk of losing their home and getting into debt. And at … (To read the full article, subscribe below)