Years of real-terms cuts to child benefit and maternity pay have left new and expectant parents hundreds of pounds worse off – enough to buy a year’s supply of nappies and babygrows, the TUC has claimed.
Research for the union organisation said a one per cent increase in statutory maternity and paternity pay, adoption pay and child benefit from this weekend was a real-terms cut because it was below the rate of inflation.
The TUC said it was the fourth successive cut in the value of the benefits, which it claimed had led to new and expectant parents being £450 a year worse off.
General secretary Frances O’Grady said: “New babies can be expensive, as any parent can attest. That’s why it’s important we protect the real value of family friendly benefits to give new parents the help they need to buy baby essentials.
“Years of real-terms cuts will leave expectant and new parents up to £450 worse off this year.”