Squeezed middle: families £4,000 a year worse off

Families with an income of £50.000 a year will have about £4.000 less by 2013. The families who are most affected are those with 2 children and just one person who earns the living. The main causes of that change are the loss of child benefit , the rise of the vat (valued added tax) and of course the general rise of the cost of living. These new measures already received a lot of criticism because hardworking people disadvantaged by it.

Ann-Sophie Boone

(Telegraph)