The analysis, by independent thinktank the Women’s Budget Group, shows that tax and benefit changes since 2010 will have hit women’s incomes twice as hard as men by 2020. Women will be £1,003 a year worse off by 2020 on average; for men, this figure is £555. Less affluent women will be the worst affected: those with below-average incomes will find themselves £1,678 worse off. They also take into account increases in the “national living wage”, set to rise to £9 an hour by 2020. Eva Neitzert, the group’s director, said: “Women, especially those on low incomes, have shouldered the largest burden of austerity measures.

Source: The Guardian November 19, 2016 20:13 UTC