This includes ANYONE claiming working tax credits, child tax credits, housing benefit, child benefit...
in short, the majority of the country is going to be hit by this and they won't know until it's too late.
I read the news everyday, EVERYDAY from various papers and sites and I STILL missed that announcement, that's how quietly they've announced it - which can mean only one thing - it's going to hit everyone HARD.
This also ties in with my other theory, this together with outside influences such as Ebola affecting the economy, we are heading, head first into another recession (or as I see it, we're in the eye of the storm and the second part is about to hit, we've never been out of the first recession.)
No one has anywhere near as much to spend as they did pre 2008, they'll have even less when this hits...the economy doesn't rely on big business as much as DC and co think it does, the trickle down theory doesn't work and it's about to be proven that it doesn't. When we have nothing to spend, stock won't be sold, business will suffer and hey presto..round 2.
I know it sounds like I'm scaremongering but I really do think that is what will happen. We're in for a rough ride and we're not prepared.