Oxfam's Director of UK Poverty Chris Johnes comments on the autumn statement 2011:

"Freezing working tax credits will penalise those who are trying to make a living by working their way out of poverty – this should be among the last places the Government looks to make savings. At a time when the lowest-income households are already struggling to make ends meet, it could push even more working people into poverty.

"By simply tinkering with a bank levy, the Chancellor isn't going far enough, especially when at the same time he is taking money from the pockets of the poorest families. A Robin Hood Tax would raise billions to protect the poorest from an economic crisis they did nothing to cause."