Living Standards

Part of Opposition Day — [Un-allotted Day] – in the House of Commons at 3:19 pm on 30th November 2011.

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Photo of Liam Byrne Liam Byrne Shadow Secretary of State for Work and Pensions 3:19 pm, 30th November 2011

I am grateful to the Secretary of State. He is being most generous. The IFS was pretty clear this morning. It said that the richest decile would see an impact of just over 0.5%. The poorest decile would see an impact of minus 1.6%. So it is clear that the poorer families in this country are being hit much, much harder than the richer ones.