Margaret’s worried for Blyth Families

In reply to the Conservative Government's budget this week the Resolution Foundation think-tank released a press report on tax increases for families.

Their statement to the press included that households are unlikely to feel like its good news. Typical household incomes are set to fall by 4 per cent (or £1,100) in 2023-24. This figure includes tax rises of £650 for a typical household from April 23.

Taxes as a share of Gross Domestic Product are on track to hit 37.7% by the end of the forecast, a 70-year-high and a 4.7% increase since 2019-20, the equivalent burden rising to nearly £4,200 for every UK household.

Councillor Margaret Richardson, Town Councillor for Croft Ward and County Councillor for Cowpen Ward, Northumberlands most deprived ward said: “ £4200 a year, that's a spending power cut of £80 per week for every family in Cowpen, many are already struggling and this may tip some over the edge. I find it difficult to accept that it's OK to remove the tax burden from rich pensioners then ask working families to pick up the strain, its deplorable”