Scrapping two-child benefit cap cost-effective way to reduce poverty – IFS

The cap restricts universal or child tax credit to the first two children in most households (Alamy/PA) -

Reversing the two-child benefit cap would be one of most cost-effective ways of reducing child poverty, a think tank has said ahead of a Budget in which the Chancellor is widely expected to announce changes to the limit.

The Institute for Fiscal Studies (IFS) also laid out ways Rachel Reeves could partially reverse the cap to avoid the cost of fully removing it and noted the Government could prioritise boosting certain groups.