Warning over tax credit cuts

LOW-INCOME families will lose £4000 a year because of changes to working tax credit, Labour’s Rachel Reeves, right, warned on a visit to the North Edinburgh Childcare Centre.

The shadow cabinet minister said: “The Government is trying to balance the budget on the backs of some of the poorest people in society. Conservatives are straining to get rid of the 50p tax rate to ‘improve incentives’ for people at the top. What about people on modest or middle incomes?”