UK seeing ‘a big rise in poverty’

The UK will continue to see a big rise in the number of people living in poverty, a report by the Institute for Fiscal Studies (IFS) has warned.

The study highlighted:

  • 2.2 million children and 2 million working age adults were living in absolute poverty in 2009-10
  • By 2012-13 it is predicted that this will rise by an extra 600,000 children and 800,000 adults of working age
  • People below the poverty line have a household income at least 60% less than the national average
  • The poverty line was set at a weekly income of £347 after tax and national insurance for a couple with two children, or £165 per week for a single adult without children
  • The Universal Credit should directly reduce the number of children in poverty by 450,000 and adults in poverty by 600,000 by 2020-21

 

Source:  bbc.co.uk

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s