TUC report says reductions in benefits and tax credits will be compounded by loss of services.Britain's poorest families are facing hidden cuts worth more than 30% of their annual income by 2017 as public services are rationed or withdrawn to meet the coalition's tough spending targets, new research commissioned by the TUC reveals. As George Osborne puts the final touches to his autumn statement on 5 December, which is expected to give more details about a planned £10bn of welfare savings over the next five years, the TUC's analysis shows that reductions in benefits and tax credits are being compounded by the impact of budget cuts across government. "The chancellor's fresh assault on the welfare budget is set to cause considerable financial harm for millions of families," it says. "But unless George Osborne changes course, these cuts will be dwarfed by massive reductions in public services."....Read more here: George Osborne's hidden cuts will take away 30% of income for poorest families