A new report by the Institute for Fiscal Studies shows that poorer families are set to see big cash losses due to a combination of the Conservative Government’s freeze on benefits, including in-work benefits and higher than expected inflation.
The IFS said on their web site:
“The Office for National Statistics announced that inflation in the year to September was 3.0%. Normally the September inflation figure is used to uprate benefit levels and tax thresholds the following April. However, current government policy is to freeze most working-age benefits in cash terms until March 2020. Combined with the latest inflation forecasts, today’s number means that the 4-year freeze is now expected to reduce entitlements in 2019–20 by an average of £450 per year for the 10.5 million households affected.”
We can see that Conservative Party policies are having a detrimental impact on the incomes and living standards of millions of families in Britain and this includes thousands of families, with children in Nottingham. Since the Brexit vote last year inflation has been rising, due in part to the weakness of the British pound and this is driving up everyday costs for people. At the same time as process are rising in-work benefits are frozen and so many people are being hit hard in the pocket.
The situation has serious consequences for everyday family finances as well as the wider economic effect of people having less spending power. It’s now urgent that the Government looks again at the real impact their policies are having on Nottingham families.
Cllr Sam Webster
Portfolio Holder for Business, Education and Skills
The Conservatives have taken £200 million from Nottingham since 2010. Instead of that money being spent here in Nottingham to create jobs, upgrade our infrastructure and build better communities, the Conservatives have instead used it to ensure the votes of two DUP MPs.
This £1 billion given to the DUP could reinstate every penny of the £200 million that the Conservatives have cut from Nottingham City Council since 2010. This would allow us to build more affordable homes, hire more social workers , repave more roads and increase the number of street cleaning teams around the City. Instead that money has been used as a political bribe to allow Theresa May to cling onto power.
This shows the warped priorities the Conservatives have when it comes to spending and the extent to which they do not care about the well-being of Nottingham. We will be demanding that the Government changes this unfair situation alongside other Core Cities by lobbying Parliament on Tuesday 12th September.
Nottingham Labour unanimously passed a motion at July’s Full Council Meeting calling for the abolition of the bedroom tax – while Conservative Councillors abstained.
The tax affects approximately 6,000 households in Nottingham, the vast majority of who are on low incomes and many who are disabled.
It is also ineffective. The tax was originally intended to free up properties for others but people are, understandably, staying put and seeing their income reduced rather than move away from friends and neighbours.
Nottingham City Council is faced with the absurd situation of opposing the tax, but being forced to implement it by the Conservative government.
Nottingham Labour has written to government miisters to demonstrate their objection to the tax; and continued to press our three local Labour MPs, Lilian Greenwood, Chris Leslie and Alex Norris to speak out against the tax in Parliament and Labour’s front bench members have also said they will raise the issue,
Following Theresa May’s failure to secure the majority she wanted in June, the Conservatives had to buy the votes of 10 DUP MPs for the sum of £1 billion. In their manifesto, the DUP were opposed to the bedroom tax so it is hoped that no there is no majority in Parliament for the bedroom tax it can be overturned.