The benefits of reduction for fuel “Recession level”, which blow to Britain, warns the analytical center

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According to the analysis of the Fund Resolution Fund Resolution Fund of the Fund of the Fund of the Resolution, the poorer families in Britain will transfer the “recession” level, which are subjected to health -related income.

On Thursday, the analytical center stated that the cuts confirmed by Rachel Reivz ” Spring statement On Wednesday, 8.3 billion pounds a year, taken by some of the most vulnerable people in the country, although this was offset by other welfare measures that led to the network savings to £ 4.8 billion.

The chancellor decided to “concentrate the pain” from his fiscal consolidation on the applicants of patients and disabled, making relatively modest cuts for public services, the resolution fund reports.

James Smith, Director of Studies of the Analytical Center, said political decisions would promote a “recession” level, falls into a standard of living for households at the lower half of the income distribution.

Their one -time profit after housing will fall by an average of 3 percent, or £ 500, in five years, the analytical center is estimated.

This noted “a really tough, recession forecast for living standards … It looks like the 2000s or 1990s,” Smith said, calling it “a truly gloomy worldview.”

The overall forecast for the standard of living will also affect low wage growth, rent raising, council tax accounts and water supply and constant squeezing into other areas of well -being.

The Resolution Fund said the growth of 0.6 percent in real disposable household incomes will make it one of the weakest parliaments during parliament.

The 2020s in general, the first 4.5 years of which had a conservative government would have been the weakest decade for the standard of living in 70 years, the analytical center said.

So far, the decade has included a COVID-19 pandemic, high inflation period and increased energy costs.

“The 2020s look like a disaster of the decade, even compared to the two, in terms of standard of living,” Smith said. “It’s even worse if you have zero in the lower half.”

Reiva said on Wednesday that it would save £ 4.8 billion from the budget of well-being to 2029-30 years, reducing health-related assistance, while increasing unemployment assistance, an indicator recruited for budget liability.

She said it had been offset by another 1.4 billion pounds to return people to work, which means that savings of £ 3.4 billion.

But the Resolution Fund said the reductions that would experience some of the poorest families in the UK were much greater than the pure figure offered by a fiscal watch.

Gross costs for disability costs and incapacities are 8.3 billion pounds. OBR has set up a 1.9 billion -billion -billion cost increase on the main benefits.

It also gained an increase of £ 1.6 billion for the expenses for the welfare from the cancellation of work, to the incapacitracy, the planned Torah, and is included in previous financial forecasts, but never realized – a total amount of £ 4.8 billion.

It was the right approach “in a strict table”, but “as it is a cancellation of never fulfilled, it will never be considered a positive effect on households,” the resolution said.

On Wednesday, Reivz stated that household income should grow in 2025, twice as expected in the autumn budget, and people should “500 pounds a year is better with this government.”

She also claimed that the evaluation of the impact of the reduction of well -being did not take into account the benefits of state feedback.