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Inequality falls as collapse in unemployment helps poor families

    The Daily Telegraph reports on the latest figures from the ONS, showing a fall in the percentage on households receiving more in benefits than they pay in tax, on 25 April 2017.

    The piece highlighted that although there had beena fall from the 2011 high, the figures were still above 50%.

    “This reflects the government’s excellent record on achieving record levels of employment in the economy,” said Daniel Mahoney, head of economic research at the Centre for Policy Studies.

    “Levels of net dependency are, however, still too high and remain well above historic levels. This highlights the importance of continuing the government’s reforms to promote greater employment, including the need to set the conditions for strong economic growth and to further reduce the marginal tax rates faced by the lowest paid.”

    Click here to read the full piece.

    Daniel's comments were also featured in the London Evening Standard and The Sun.

    Date added: Tuesday 25th April 2017