July 2015 budget – and the impact for equality and social justice

The Chancellor of the Exchequer gave his summer Budget to Parliament on Wednesday 8 July 2015.

Measures announced include:

  • a new national living wage for workers aged over 25
  • a reduction in the income threshold for tax credits
  • restrictions on tax credits and universal credit based on family size
  • a freeze on working-age benefits
  • no automatic housing benefit for 18-21 year olds
  • a rise in the personal allowance at which people start paying tax
  • a restriction in public sector pay increases to 1% over the next four years
  • an increase in the inheritance tax threshold

Below are some first responses from EDF members on the impact of the budget for different individuals and group:

Other responses and resources: