Budget: More help for families

Raising the value of credits will be worth up to £88 per week to eligible families with two children, or about £4,500 annually for such families. Child Benefit will increase to £17.45 per week. The Treasury will also extend its support to creating assets for children, with Brown confirming additional payments of £250 - or £500 for children from the poorest families - will be made to Child Trust Fund accounts when eligible children reach their seventh birthdays. Childcare costs will also be tackled beyond current commitments through tax credits and vouchers available to employers. Further...