Families in Powys £220 down by Christmas – true impact of Universal Credit Cut revealed in new analysis
As the Conservatives slash Universal Credit for more than eight thousand families in Powys, new analysis reveals the cut will leave families £220 worse off by Christmas.
The Universal Credit cut comes in today, leaving recipients facing 11 weeks of reduced support before December 25th. The cut comes amid a wider squeeze for working families including rising energy prices, empty supermarket shelves and the proposed National Insurance hike.
The Universal Credit cut will see 8,213 Powys families lose £1,040 a year – at a cost of £9.6 million to the local economy.
Cllr Matthew Dorrance said:
“Working families in Powys are taking an absolute battering from the UK Conservative Government. Higher tax, lower support and rising energy prices – this is a perfect storm and local families are being abandoned by the UK Government just when they need them most.
“Ministers like to pretend that this crisis won’t hit families hard but the truth is that those on Universal Credit will be down £220 by Christmas alone – that’s more than half the average family Christmas budget.
“People in Powys need real support, but all they get from this Conservative UK Government are empty slogans and a cost of living crisis that could ruin Christmas. Powys deserves better.”