Saturday, 23 October 2010

Poorest Households Hit 15 Times Harder by UK Government Cuts

'The figures were calculated by examining how different households benefited from various public services and revealed that the poorest 10 per cent - with incomes under £10,200 - will suffer reductions in spending on services equivalent to almost 30 per cent of their annual income. This equates to an average of £1,913 a year.

The second poorest group – with incomes between £10,200 and £12,900 – will be hit the hardest in cash terms, according to the findings by the TUC. They will lose services worth £2,164.

The richest 10 per cent will lose services worth just 2 per cent of their net income, the equivalent of £1,506 a year.'

Read more: Poorest Households Hit 15 Times Harder by UK Government Cuts