US EditionPublished • loading... • Updated
Ending Two-Child Benefit Cap in Budget Brings Hope to Parents
The removal of the two-child cap will cost £3.5 billion annually and benefit 470,000 families, including 18,000 with six or more children gaining over £14,000 each.
- On Wednesday, Chancellor Rachel Reeves announced in the House of Commons the abolition of the two-child benefit cap in her Budget statement.
- The two-child benefit cap was introduced under the Conservative government in 2015 and limited means-tested payments to the first two children, applied from April 6, 2017.
- DWP figures show 470,000 families are affected, and abolishing the cap is estimated to cost about £3.5 billion a year, with the IFS saying families lose £3,455 annually per additional child.
- In Scotland, officials noted that Rachel Reeves said the move will benefit 95,000 children and free about 150 million for Holyrood, amid political debate.
- Campaigners said scrapping the cap could lift about 350,000 children out of poverty, with Baggy Shanker, Derby South MP, stating `The two-child limit pushed children into poverty through no fault of their own. Ending it is the fair and decent thing to do`.
Insights by Ground AI
12 Articles
12 Articles
FM pledges more cash for tackling poverty after Reeves scraps two-child cap
First Minister John Swinney said money freed up by the Chancellor’s announcement would be used to help in the fight against child poverty. Money freed up in Holyrood’s Budget as a result of Chancellor Rachel Reeves scrapping the two-child benefit cap will be used to fight poverty, Scotland’s First Minister pledged. John Swinney made the commitment after the Chancellor said the UK Government would abolish the controversial policy, which means fam…
Coverage Details
Total News Sources12
Leaning Left4Leaning Right0Center5Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
L 44%
C 56%
Factuality
To view factuality data please Upgrade to Premium
