New budget plan to make low-income workers worse-off

A British economic think-tank has warned that the new budget plan introduced by the Tory government will negatively affect the low-income workers. The Institute for Fiscal Studies (ISF) said George Osborne’s new “living wage” will fail to compensate poor households for the £12bn cuts. The ISF described the plan as regressive as regressive and said … Continue reading New budget plan to make low-income workers worse-off