Today, children are already twice as likely to be poor as pensioners. According to the Institute for Fiscal Studies, child poverty is set to soar to 5.1 million children by 2022 – a 42 per cent rise over ten years.
New cuts limiting universal credit to the first two children in a family – starting Thursday April 6th - will push another 200,000 children below the official poverty line, new analysis by CPAG and the Institute for Public Policy Research (IPPR) shows.
CPAG has responded to the government's consultation on exceptions to the two child limit for payments of tax credits and universal credit. CPAG is opposed to the policy in its entirety, because it will deny children their entitlement to the support needed to provide a decent standard of living, and is expected to increase child poverty.
This report shows parents struggled more than ever to provide a decent standard of living for their families in 2013. This is the second in a series of annual reports on the cost of bringing up a child in the UK.