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Liam Byrne MP, Labour’s Shadow Work and Pensions Secretary, responding to research by the IFS showing more than one million children are expected to be living in poverty by 2020, said:

“The IFS’ verdict is clear – by both internationally recognised measures, this Government is set to plunge over a million children into poverty by the end of this decade, undoing all the good work of the last Labour government.

“Children are paying the price for a flatlining economy, falling living standards and soaring unemployment. Yet instead of giving working families a hand ministers have slapped them in the face by slashing their tax credits whilst handing a massive tax cut to the richest people in the country.”

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