Living standards, poverty and inequality in the UK 2017-18 to 2021-22: summary

Document type
Summary
Author(s)
Hood, Andrew; Waters, Tom
Publisher
Joseph Rowntree Foundation
Date of publication
9 November 2017
Subject(s)
Social Policy, Poverty Alleviation Welfare Benefits and Financial Inclusion, Employment, Families
Collection
Social welfare
Material type
Reports

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This summary report provides projections on median income, inequality and poverty in the UK as a whole and at regional level.

Key findings:

  • Real median income is projected to grow by around 5.1% between 2015-16 and 2021-22. However, this may turn out to be optimistic.
  • Inequality is projected to rise between 2015-16 and 2021-22, as working age benefits are cut and real earnings growth boosts the income of higher income households.
  • At the UK level, absolute poverty is projected to remain roughly unchanged between 2015-16 and 2021-22. Absolute child poverty is projected to rise by 4.1 percentage points, primarily due to the impact of planned changes to working-age benefits.

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