Families stand to lose £5,000 a year by 2022
March 2, 2017
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4:09Now PlayingFamilies stand to lose £5,000 a year by 2022
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as posted by the channelThe average British family will be £5,000 a year poorer by 2022 than it would have been if the 2008 financial crisis hadn't happened.
And that forecast by the Institute for Fiscal Studies - which comes less than a week before the Budget - suggests low income families with children will fare worst of all.
The Liberal Democrat Treasury spokesperson Baroness Kramer gives her reaction to the report and looks ahead to the Budget.
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