Delivering the Summer Budget 2015 in parliament today, Chancellor George Osborne announced that support through child tax credit will be limited to two children for children born from April 2017.
Meanwhile the total amount of benefits a family can claim in a single year will be reduced from the current level of £26,000 to £23,000 in London and £20,000 elsewhere in the UK.
In addition to this, working-age benefits will be frozen for the next four years and automatic entitlement to housing benefit will be ended for 18- to 21-year-olds.
Matthew Reed, chief executive of The Children’s Society, described the budget as “a disaster for low-income working families”.
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