If the Chancellor is really interested in making work pay he shouldn't be taking an axe to vital in-work benefits that so many low-income workers rely upon.
Mr Osborne is keen to play up the impact of the increase in the personal allowance. However, this is a policy that helps better off households more than it does those on lower and middle incomes and which does little to offset the damaging impacts of the VAT rise the Chancellor has already introduced.
– Frances O'Grady, TUC General Secretary
The chief beneficiaries of George Osborne's fiscal policy this month will be the wealthiest in our society who can look forward to a five per cent cut in the top rate of tax.