The budget is set to be a crucial moment in what has been a difficult start to Labour’s time in government following the party’s landslide election victory last year which ended 14 years out of power.
“We will reduce child poverty in this parliament,“ Reeves said when asked about the report at an event on the sidelines of the Labour Party’s annual conference in Liverpool.
The Guardian said the budget was expected to highlight lifting the cap as one of the most effective measures to help pull hundreds of thousands of children out of poverty.
Previous research by the IFS suggested that scrapping the cap could lift 500,000 children out of absolute poverty.
After being elected in July 2024 Labour refused to scrap the two-child benefit cap, introduced by the previous Conservative government, arguing the spending reductions were necessary to fix a hole in government finances.
The government said in May this year it was considering whether to abolish the two-child limit as it reassessed several other unpopular policies. ($1=0.7437 pounds) - Reuters
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