MILLIONS of lower income families will be £300 worse off this autumn due to a “triple whammy” of spiralling living costs, research shows. The amount takes into account the end of the £20 Universal …
Karl Handscomb, a senior economist at the Resolution Foundation, who provided the research said: "Millions of families across Britain face a triple whammy cost of living crisis this autumn as rising energy bills and price increases collide with falling income support through Universal Credit."
However, some Tory MPs have voiced their concerns, including Sir Iain Duncan Smith, the former Conservative Party leader and architect of Universal Credit.Sir Iain told the Daily Telegraph: "While I welcome any extra money, it I am puzzled as to why Universal Credit isn't the recipient.
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