You are here: Home - Uncategorized -

Government off target on child poverty

Written by:

Tony Blair’s pledge to eradicate child poverty by 2020 has missed its first target.

The Government’s aim was to cut the number of children in poverty from 4.1 million to 3.1 million by April 2005, but according to Department of Work and Pensions figures the number fell only by 700,000 during that period.

Ministers claimed that the Government remains committed to abolishing poverty, but opposition MPs called the figures “disturbing” and “disappointing”. Shadow work and pensions secretary, Philip Hammond, said: “These figures prove that the State alone cannot eradicate child poverty.”

Support for his viewpoint came from financial adviser Martin Cunningham. “Tony Blair likes to make grand statements about wiping out poverty and the like but they lack economic feasibility,” he said. “The real way forward is hard work and setting realistic targets.”


Tag Box




Financial fitness

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

The essential Your Money guide to the April 2018 tax changes

As we head into the 2018/19 tax year, a number of key changes take place to existing policies while some new i...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co... Awards 2018

Now in their 21st year, our awards recognise the companies offering the best products and services to consumers

Money Tips of the Week

Read previous post:
Green shoots of recovery for manufacturers?

UK manufacturing output in the UK rose for the third month running in January, up 0.2%, and encouraging hopes that...