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