Essential summer reading on Brexit, the election and more, exclusively for Bevan Foundation subscribers. The latest edition of Exchange looks at where we want Wales to be and what we should have achieved in five years time. It’s been a Read more »
Changes to Child Benefit affecting families with someone earning more than £50,000 a year could put families under strain, Bevan Foundation Director Victoria Winckler has told BBC Wales’s Good Morning Wales (5th January 2013) and the Western Mail.
She said: “The gradual withdrawal of benefit from people earning more than £50,000 a year will adds to the financial pressure faced by many families. Although £50,000 is well above average income, these families are undoubtedly feeling the pinch – especially if there is just one person in the household earning this amount.
“There can be few people who can afford to lose the £1,752 a year a family with two children gets in child benefit, at a time when costs are rising. Many employees have not had a pay rise for several years while transport costs, energy bills, food prices and childcare costs have shot up.”