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  • Vicki Peacey Vicki Peacey

    At single parent charity Gingerbread, we’ve been researching how single parents’ incomes and spending patterns compare with families with two parents. Our new report ‘Family Finances’ shows that lone parents’ poverty and struggles to get by can’t simply be blamed on bad choices about money.

    In doing the research for this report, we were interested in finding out whether single parents were lacking key financial products, and what patterns there were in their attitudes towards money and their ‘financial capability’. We also wanted to know what their priorities were for Government action to improve their financial situation, and how they thought banks and building societies could help.  The report presents the full analysis but here’s some of the highlights.

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  • Vicki Peacey Vicki Peacey

    From today 68,000 lone parents are losing their entitlement to Income Support (IS). Parents whose youngest child is aged 10 or 11 will be moved onto Jobseeker’s Allowance (JSA) or ESA over the next few months. In 2010, the age limit will reduce down again so that by the end of the reforms, all parents whose children are seven or over will have to look for work as a condition of benefit receipt. The changes are part of Government’s wider welfare reforms and also part of the attempt to reduce child poverty by getting more lone parents into employment.

    The parents affected from today are the second wave to be moved off Income Support. Over the last year, about 100,000 single parents whose youngest child was between 12 and 15 were moved onto JSA. Gingerbread has just published qualitative research with some of these parents which has produced some useful insights into parents’ experiences of the JSA regime.

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