Budget 2025: how inflation and the two-child benefit cap has increased poverty
NegativeFinancial Markets
- A recent visit to Kent highlights the increasing struggles of families facing rising food costs, with many turning to food banks that are experiencing heightened demand and dwindling donations. One mother from Herne Bay expressed her despair over her inability to meet her children's needs, illustrating the harsh realities of living on benefits in the current economic climate.
- This situation underscores the broader impact of inflation and the two-child benefit cap, which have contributed to a significant rise in poverty levels, particularly among families with multiple children. The emotional toll on parents is evident, as they grapple with feelings of inadequacy while trying to provide for their families.
- The challenges faced by families in Kent reflect a wider crisis affecting various regions, where disparities in council tax and living costs exacerbate financial strain. Critics have pointed out the chaotic nature of the current council tax system, which can lead to unfair burdens on lower-income households, further complicating the financial landscape for those already struggling.
— via World Pulse Now AI Editorial System
