A minimum income standard for the UK in 2015: summary

Document type
Summary
Author(s)
Hirsch, Donald
Publisher
Joseph Rowntree Foundation
Date of publication
1 July 2015
Subject(s)
Poverty Alleviation Welfare Benefits and Financial Inclusion
Collection
Social welfare
Material type
Reports

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The pause in inflation has helped people on low incomes to become slightly better off relative to their needs in 2015, despite working-age benefits and tax credits rising by only 1 per cent. However, households on low incomes remain much further behind what they need than before the recession. The gap between family incomes and what the public think people need for an acceptable living standard has grown sharply. Moreover, a predicted return of modest inflation combined with a planned freeze in benefits, tax credits and Universal Credit will create a less favourable environment for households reliant on help from the state.

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