As with the past two Budgets, today I am presenting a child poverty report as mandated by the Public Finance Act. The report shows that the Government's actions to date have reduced child poverty rates, using the after-housing cost measure, to the extent that there are 43,000 fewer children in low-income households and 18,000 fewer children experiencing material hardship. This is one of the largest policy-driven falls in measured child poverty in decades. But, equally, we know that there is more to do to meet all the clear targets laid out in this report. 