The charity’s latest Minimum Income Standard report says that a freeze in child benefit, cuts to child tax credits, rising living costs of around five per cent and the high cost of childcare are making it far tougher for families to make ends meet in 2011.
It estimates that a working couple with two children would both need to earn at least £18,400 a year to have a minimum acceptable standard of living.
Families reliant on one earner would need gross earnings of £31,600 and single parent families need to earn at least £18,200.
Low-paid single women are being hardest hit by rising costs and benefit and tax credit cuts, according to the charity.
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