John Hannett – Usdaw General Secretary says:
“The Chancellor had a chance to reverse his deeply damaging tax credit cuts that will lead to many working parents losing thousands of pounds. He could at least have commissioned an Impact Assessment, which has not been done, and promised a review given the grave concerns from all sides of the political spectrum, including within the Conservative Party.
“Increasing income tax thresholds, raising the minimum wage and extending free childcare are welcome, but go nowhere near compensating for the significant loss of income that tax credit recipients will suffer. Many of the families who stand to lose significantly in April will gain nothing from the minimum wage rise, there are also concerns about the funding of the extra free childcare and doubts as to whether the policy can be delivered on the ground.
“The Prime Minister has broken his promise on tax credits, which tells us very clearly they are not the party of working people, as he claims.”
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