Osborne’s recovery is an illusion, women still feel the pinch
Osborne's Autumn Financial Statement neglects women's struggles, lacks social service investment, exacerbates income inequality.
Media Coverage
Media Round-up for January 2020
The Midsomer, Radstock and District Journal, ‘Local women’s projects miss out on much-needed funding‘ by Becky Brooks:
80% of women’s groups reported an increase in demand for women-only services, none reported a decrease in 2018 (Women’s Budget Group). 86% of the burden of austerity since 2010 has fallen on women (Women’s Budget Group). The income of 41% of women’s organisations reduced in 2018 (Women’s Budget Group).
Lancashire Post, ‘Why women are missing out on good housing in Preston‘ by Mike Hill
Dr Mary-Ann Stephenson, Director of the Women’s Budget Group think tank, said a lack of affordable housing may trap women in violent relationships, and mean they are more likely to end up homeless. She said: “We are facing a crisis in housing affordability in the UK – for women, the crisis is even more severe. “Although women and men tend to buy or rent their homes as a couple, women are likely to find themselves unable to afford a home of their own if that relationship breaks down. The Government urgently needs to invest in social housing. This would not only provide much needed affordable housing but would save billions of pounds in housing benefit.”
New York Times, ‘With Brexit Looming, Experts Worry Women May Be Hit Hardest‘ by Alisha Haridasani Gupta
‘“Women and men are differently situated in the economy,” said Mary-Ann Stephenson, director of the Women’s Budget Group, an independent research organization. In 2018, a majority of part-time or temporary workers in Britain were women, according to the group’s research, and women were more likely to be living in poverty than men.’
Bustle, ‘UK Bank Overdraft Fees Are Changing & Young Women Could Be Hit Hardest‘ by Lauren Sharkey
Women could be slightly worse off too. 55% of over-indebted people in the UK are female, found a recent report by the Women’s Budget Group.
Cosmopolitan, ‘Why Brexit may hit women harder than men‘ by Cyan Turan
Women could also be negatively affected if the economy slows after Brexit. In 2018, a majority of part-time or temporary workers in Britain were women, according to the group’s research, and women were more likely to be living in poverty than men. Mary-Ann Stephenson, director of the Women’s Budget Group, also told the New York Times that in“those jobs tend to be the first to go,” when the economy takes a turn for the worse.
Osborne's Autumn Financial Statement neglects women's struggles, lacks social service investment, exacerbates income inequality.
The proposed Transferable Tax Allowance disproportionately benefits men, widens the income gap in married couples, and neglects the poorest families.
While physical infrastructure receives attention, there's a lack of focus on affordable housing, disproportionately affecting women.
Budget 2014: The government is taking money from women to fund tax breaks for men – new analysis from the Women’s Budget Group