Black Wednesday for Millions of British Families

'Shadow chancellor Ed Balls said the £110 billion of austerity measures would hit women with children hardest of all. Mr Balls identified cuts to childcare support worth "up to £1,560 a year for families with two children" alongside other costs from freezing child benefit and cutting tax credits. He warned: "Today will be a Black Wednesday for millions of families across Britain. All this pain, all in one go, aimed at families with children, is not just deeply unfair, it will hamper our economy too.'Read more