50p rate 'could have helped young'

Press Association

A tax cut that will give the richest people almost £100,000 a year could have increased child benefit for more than 12 million children, according to a trade union study.

Unison said the Government's decision to cut the 50p rate of tax would hand thousands of millionaires an average of £97,800 next year, at a cost to the Treasury of £1.2 million.%VIRTUAL-SkimlinksPromo%