The Government wants banks and credit unions to create new current accounts to help benefit claimants better manage their money when its universal credit comes into force next year.
An increase in the minimum wage is required to protect low-income workers from a "perfect storm" of benefit cuts, rising living standards and a lack of jobs, Oxfam warns.
Families with children stand to lose £511 a year on average under tax and benefit changes coming into force from tomorrow, an analysis by a think-tank shows.
Chancellor George Osborne has partly reversed a planned cut in child benefit, meaning more families will be entitled to help than was originally proposed, though anomalies still exist and confusion still reigns.
Chancellor George Osborne has partly reversed a planned cut in child benefit, meaning more families will be entitled to help than was originally proposed, though anomalies still exist.
21 March 2012
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