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Families of newborns among hardest hit by cuts

1 min read Early Years
Families with new babies are among those hardest hit by government cuts, a report by the Family and Parenting Institute has found.

It identifies three family types that will suffer the biggest blows to their finances from changes to tax and state benefits.

Families with new babies are to be hit by the loss of the child trust fund, the abolition of the health in pregnancy grant, restrictions on the Sure Start maternity grant and the abolition of the baby element of child tax credits.

This represents a total loss of £775.3m to the families of 790,000 babies born each year.

Along with all other families with children, these new families with new babies will experience the impact of the three-year freeze in child benefit.

Meanwhile, families with parents in part-time employment who cannot find extra work will be hit.

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