Poverty campaigners and think tanks have voiced disappointment over the 2013 Budget statement, accusing the Chancellor of doing little or nothing to help those on the lowest incomes. Against a backdrop of sluggish economic growth and high borrowing, the Budget used savings from deeper public spending cuts to give tax breaks to businesses and those on middle and higher incomes.
The Joseph Rowntree Foundation said the Chancellor had failed to deliver an anti-poverty Budget that would boost living standards and ease the strain on poor families. The Resolution Foundation think-tank pointed out that most of the benefit of income tax cuts went to higher-income households, at the same time as families on lower incomes faced cuts in tax credits. The Child Poverty Action Group accused the government of 'abandoning' low-income families on the frontline of austerity.