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News - 22 October 2014

Child poverty reduction targets will not be met


According to a new report, which will be presented in the commission's second annual State of the Nation report, the government will fail to meet its child poverty reduction targets by 2020.

Alan Milburn, chairman of the social mobility and child poverty commission and a former Labour minister said the current government had "discredited existing child poverty targets and failed to put in place new ones", creating an "unholy mess".

Mr Millburn added that young people today "simply do not have the opportunity to progress", and that the the aim of government policies should be to get people "from welfare to work and then from low-pay to living-pay".

The existing targets were put in place in 2010 by the last Labour government.

Lavinia Newman, founder of ABDS comments:
“The report will include wide-ranging recommendations for a number of government departments to help increase social mobility, such as providing many more apprenticeships and further education colleges. It will also suggest measures to end youth unemployment by 2020. The report will claim that five million people currently earn less than a living wage.”

If you need any help and advice with your PAYE, RTI or CIS, or looking to outsource your Payroll Department, contact ABDS NOW to discuss how we can help.

ABDS Chartered Certified Accountants of Southampton.
Tel: 023 8083 6900  E-mail: abds@netaccountants.net

Brilliant with numbers   
Great with people  
Clear and precise with advice
Timely and cost effective 
In touch with issues that face our clients and
mindful of their long term strategic goals

Helping Your Business is Our Business

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