Read our full analysis here 👇

www.ippr.org/media-office...

The economic benefits from scrapping two child limit can outweigh the initial costs. Some estimate the wider economic burden of child poverty at £39bn a year – lifting 10 per cent of children out of poverty will help alleviate this.

Removing the two-child limit accounts for less than 1 per cent of social security bill. To remove 450,000 children out of poverty, that's pretty good return on investment.

70% of the additional spending from removing the two-child limit will go to families who are in work. This is targeting support for low-income working households who are being priced out of a decent standard of living despite doing everything asked of them.

🔗 Read our response to the government's recent policy shift here: www.ippr.org/articles/a-paradigm-shift-in-asylum-and-immigration-policy

On today's asylum figures: @lucyhbmort.bsky.social highlights progress on the backlog and working towards an end to asylum hotels 👇

These are real wins, but they must be the first shot, not the last. To genuinely improve people’s lives by 2029, action on living costs must go further and faster. IPPR will keep pushing for deeper reform, fairer growth and rising living standards for all.

The government has doubled fiscal headroom while avoiding spending cuts, protecting vital services we all rely on. In a tough fiscal moment, this signals a choice to invest in people, services and long-term prosperity rather than retreat into austerity once again www.ippr.org/articles/fai...

Crucially, this Budget cuts energy bills. After years of stagnating wages, this must be the start of a relentless war on bills to address the cost-of-living crisis. More on this from us here: www.ippr.org/articles/a-w...

Mayors and local leaders will gain new powers to introduce visitor levies.
A win for devolution and regional growth, aligning with IPPR’s push for more local control: www.ippr.org/articles/the...

Gambling company taxes are rising, bringing in revenue more responsibly and in a way that protects communities. Read our full proposed package here: www.ippr.org/articles/ref...

We also welcome a tax on high-value properties, putting more of the burden on the wealthiest rather than working families. Property taxation is finally shifting in the right direction – read what we recommend next here: www.ippr.org/articles/tow...

The chancellor has moved to tax income from wealth more like income from work, including rental income. This marks a step towards making sure those with the broadest shoulders contribute their share. www.ippr.org/articles/fai...

The two-child limit is being scrapped – a landmark decision that will lift around 450,000 children out of poverty, and part of our recommendations for the upcoming child poverty strategy: www.ippr.org/articles/get...