Working families will be relieved by the u-turn on tax credits, says Usdaw

Date: 25 November 2015 Shopworkers’ trade union leader John Hannett has welcomed the Chancellor’s reversal of tax credit cuts that would have seen the lowest paid working families lose thousands of pounds a year.

John Hannett – Usdaw General Secretary says: “The Chancellor has finally listened to us and our members. We will need to see the full detail of what the Chancellor has announced in his autumn statement, but if he has abandoned the tax credit cuts he proposed in the Budget that will be a huge relief to millions of working families who were set to suffer huge losses of income. 

“These families have already paid a high price from this Chancellor’s previous cuts in working tax credit. I hope that today’s announcement now signals an end to the dramatic slashing of low-paid working family incomes but, with his restated commitment to cutting £12 billion out of the welfare budget, we remain concerned about where the axe will fall and the effect on Universal Credit.”

Notes for editors:

Usdaw (Union of Shop, Distributive and Allied Workers) is the UK's fourth biggest and the fastest growing trade union with over 440,000 members. Membership has increased by more than 17% in the last five years and by nearly a third in the last decade. Most Usdaw members work in the retail sector, but the Union also has many members in transport, distribution, food manufacturing, chemicals and other trades.

For Usdaw press releases visit: www.usdaw.org.uk/news and you can follow us on Twitter @UsdawUnion

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The official website of the Union of Shop, Distributive and Allied Workers