The Daily Mail reported on UK poverty this week. New research shows that 400,000 more pensioners and 300,000 more children are living in poverty compared to 2012-13.
The Institute for Fiscal Studies estimates that the number of UK children living in poverty will rise to 5.2 million over the next five years. The current figure is 4 million.
The Chief Executive of Child Poverty Action told the Daily Mail: “Families with children have had a decade of cuts to their incomes and the damage is showing. Unless there is action now to protect the living standards of low-income families, we will pile up problems for future generations and for the UK economy.”
The shadow work and pensions secretary told the Daily Mail:
“The last seven years of flat-lining wages and austerity cuts, now combined with sharply rising costs of household essentials is a truly terrifying prospect for millions trying to make ends meet.”