The policies published in the Conservative party manifesto for next month’s general election are likely to send child poverty soaring, a think tank claims.
Research by the Resolution Foundation showed that the Tory pledges offered no change to the welfare status quo – meaning more than £3.8 billion in further cuts to benefits if the party stays in power after the election.
It was forecasted that child poverty would reach a record high of 34 per cent by 2023-4.
The amount of public spending promised by Labour is 28 times greater than that pledged in the Tory manifesto. However the same report warned that the policies set out in the Tory, Labour and Liberal Democrat manifestos would all fail to cut child poverty from where it is now (29.6 per cent).
The extra £9bn public spending promised by Labour would also mean 550,000 fewer children or their families were struggling to get by, but the overall rate of child poverty would stay the same. This is largely because the party did not outline solid plans to cuts to benefits though it has committed to scrapping the two-child benefit limit, the benefits freeze, bedroom tax and Universal Credit.
Laura Gardiner, research director at the Resolution Foundation, said: “Against the backdrop of major cuts, the parties’ manifestos do offer big choices on social security.