80% OF UK MEDIA IS OWNED BY PEOPLE WITH A CENTRE RIGHT AGENDA TRUENEWS SEEKS TO REDRESS THE BALANCE
Wednesday, 25 November 2015
GIDEON'S SLEIGHT OF HAND AND DEVIOUS DECEPTION HIDES THE HELL TO COME
The halving of the ‘income rise disregard’ will also go ahead, from £5,000 to just £2,500, although it will not affect the majority of tax credit claimants.
Owen Smith MP, Labour’s Shadow Work and Pensions Secretary, said: “I welcome the fact that the Chancellor has bowed to Labour pressure and reversed the immediate unfair cut to Tax Credits.
“However, this is not the full and fair reversal we demanded, as he is still taking £1 billion from working families next year and over £3 billion by the end of the Parliament, as Tax Credits are replaced by Universal Credit.
“As a result, a single parent of two children working full time on the Minimum Wage on Universal Credit will lose £2,400 next year due to the Chancellor’s cuts.
“In short, this is a smoke and mirrors Spending Review from George Osborne, leaving working people worse off and failing to address the big challenges facing the country.”£18BILLION CUT FOM COUNCILS BARELY MAKES THE NEWS