Mar 4, 2021
Budget 2021: Inequality set to rise, say campaigners
The Joseph Rowntree Foundation and the Resolution Foundation criticised the chancellor's decision to cut universal credit in six months' time. Rishi Sunak's decision to spend even larger sums to support the economic recovery now and put off raising taxes until later is broadly welcomed in the Resolution Foundation's overnight analysis of Wednesday's Budget. Austerity would drag on for some, it added, with day-to-day spending on government departments such as transport and local government set to fall in real terms next year and remain almost a quarter lower than a decade ago. The Joseph Rowntree Foundation, an anti-poverty charity, criticised a decision to extend a £20-a-week uplift to universal credit by only six months. That meant single recipients of it would see their incomes cut by £20 a week, just as the furlough scheme is ended and unemployment was expected to rise to its peak, the foundation said.
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