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Yvette Cooper MP, Labour's Shadow Home Secretary and Women and Equalities Minister, said:
"Today, the IFS has confirmed what parents up and down the country already know - that the Government is taking most from families with children, at a time when budgets are already under incredible pressure.
"And the poorest thirty per cent of households will lose more than three times as much as the richest thirty per cent.
"We know that women’s incomes will be hit particularly hard by new announcements this week - especially the £1.3 billion claw-back in tax credits and the increased public sector job losses.
"The Tory-led Government’s plans are hurting ordinary families up and down the country, yet it is increasingly clear that they are not working."