On 6 October, the £20 a week increase to the universal credit standard allowance, introduced last March to protect household incomes during the height of the coronavirus pandemic, will be cut.
New analysis shows that once the cut is introduced, the incomes of low- to-middle income families will fall by £1,040 a year. When added to previous benefits squeezes over the last decade, it estimates their average annual benefit income loss will rise by 140 per cent to nearly £1,800 a year.
The research into the impact of the reduction to the benefit on a sole-earner family with two children, reveals that nursery assistants will be among those worst affected, losing an average of £1,797 a year, while teaching assistants will lose slightly more at £1,803 a year.
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