Families with children will be most affected by falling incomes, study finds

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Grim predictions for UK family finances up to 2015 revealed in new evidence produced by the Institute for Fiscal Studies (IFS) for the Family and Childcare Trust.
The median income among families with children is projected to fall between 2010 and 2015 by 4.2 per cent. For a couple with two children this equates to £1,250 less a year by 2015.
Families with children aged under five, families with more than two children and lone parent families not in paid work bear the biggest financial pa...

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