AceBreakingNews says as the next Election is only a few weeks away this report was prepare by Joseph Rowntree Foundation and gives an insight of current situation

Ace Press News From Cutting Room Floor: Published: Jun.13:  2024: Joseph Rowntree Foundation Full PDF Report TELEGRAM Ace Daily News Link https://t.me/YouMeUs2 

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As poverty can lead to negative impacts at all stages of life, this report tells us who is worst affected, how levels have changed over time and what the future prospects might be.

UK Poverty uses a range of data sources and insights to build up a comprehensive picture of the current state of poverty across the UK. Below is a summary of the key findings of the UK Poverty 2024 with Full PDF report.

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Since last year’s report, we have seen even more evidence of the desperate measures that households are having to take to get by, and of the high tides of insecurity that have washed over more and more people.

Poverty has increased, close to pre-pandemic levels

More than 1 in 5 people in the UK (22%) were in poverty in 2021/22 – 14.4 million people. This included:

• 8.1 million (or around 2 in 10) working-age adults
• 4.2 million (or nearly 3 in 10) children
• 2.1 million (or around 1 in 6) pensioners. 

Poverty rates have returned to around their pre-pandemic levels, as middle-income household incomes rose at the same time as a range of temporary coronavirus-related support was withdrawn.

Children have consistently had the highest poverty rates, while pensioners, along with working-age adults without children now have the lowest

Source: Households Below Average Income, 2021/22, DWP

It has been almost 20 years and 6 prime ministers since the last prolonged period of falling poverty

The overall level of poverty has barely moved since Conservative-led Governments took power in 2010. Poverty last fell consistently during the first half of the last Labour administration (between 1999/2000 and 2004/05), but then rose in the second half of their time in power. In part, this reflects the hits to living standards that have affected everyone, from the economic slowdown even before the global financial crisis to the current cost of living crisis.

Before 1979, levels of poverty had been broadly flat at around 14%. In the 1980s, under the Conservative Government of Margaret Thatcher, there was then an unprecedented rise in poverty even at a time of high income growth, due to very unequal income growth over this period. This has not been reversed, meaning current levels of poverty are around 50% higher than they were in the 1970s. 

A Flourish chart

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