THE PEOPLE'S DAILY
FIGHTING FUND
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Jan
1970
Thursday 1st
posted by Morning Star in Britain

MORE than five million tenants who work and rent their homes are at risk of being unable to cover their housing costs if they lost their job, according to a report published today.
The report by former Lib Dem pensions minister Steve Webb says a “toxic cocktail” of rising unemployment, cuts to housing benefit and rocketing numbers of private renters mean that almost three quarters of working renters could be left unable to pay their rent if they lost their jobs.
The report published by financial services company Royal London found that 5.5m working people would not qualify for housing benefit if they lost their job in 2013-14 and warned that more than a million children could be at risk of their family having to move home if a parent were to suffer a loss of income, which could disrupt their education.Mr Webb said: “Unless they are able to resume paid work quickly, 5.5m working renters would be at risk of not being able to pay the rent and having to move to cheaper accommodation — if they could find it.”




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